Icelandair to take over WOW air
The Icelandair group board has made a purchase agreement for all shares in the WOW air airline totalling around $18 million or ISK 2.18 billion. The d...
Business
Information and news on Business and Finance related issues
Krossmiðlun conference breaks down GDPR
The fifth Krossmiðlun (CrossMedia) conference was held in September which attracted over 300 visitors to the event in Reykjavik. Krossmiðlun is one of...
WOW air’s struggle for finance: the story so far
WOW air is one of the two main airlines in Iceland, flying tourists in and out of the country, which supplies a lot of money to most sectors of Icelan...
Makers of EVE Online bought by South Korean gaming company
CCP Games, the Icelandic gaming company behind the massive multiplayer spaceship game EVE Online, has been sold to the South Korean company Pearl Abys...
CrossMedia Marketing Conference returns in September
THE Crossmedia (Krossmiðlun) conference returns for the fifth time on Friday 14th September between 8:30-12:00 and will be held at Grand Hotel, Reykja...
Icelanders buy their first apartments like before the crash
More buyers bought their first property in Iceland now in the second quarter of 2018 than during any quarter since the economic collapse of 2008, says...
Employment agencies hire five times more workers
The number of workers employed by employment agencies in Iceland has grown fivefold since 2016, as reported by RÚV. Around 1500 workers are now employ...
World Cup support comes from different directions
Iceland and Icelandic football is getting support from all over the world, even from the countries Iceland is competing with – We wanted to shar...