Reykjavik saving bank SPRON returns 9 month results for 2007
Net after-tax profit ISK 9.3 billion. Return on equity (ROE) 41.6%. Gudmundur Hauksson CEO: “The operating results for the first nine months of the ye...
Business
Information and news on Business and Finance related issues
Private placement successfully completed by FL Group
FL Group (OMX: FL), the international investment company, today announced that it has successfully completed a private placement of shares to Icelandi...
Kaupthing Bank reports net earnings of ISK 60.2 billion (EUR 683 million).
Kaupthing Bank’s Results for the First Nine Months of 2007 is out and reports net earnings of ISK 60.2 billion (EUR 683 million). Hreidar Mar Sigurdss...
BBI: Isle of Man savings bank release one year fixed rate bond
Bradford & Bingley International have launched a limited edition one year savings bond paying a fixed interest rate of 6.65% Offshore savings spec...
Makeover for online Icelandic retailer Nordic Store
Nordic Store, which specializes in selling Icelandic products online, has been recently redesigned and relaunched in time for Christmas. The Iceland b...
Baugur considers Moss Bros takeover
Icelandic investment group, Baugur, may be preparing a bid for Moss Bros Group, a suit retailer in the UK suffering from financial problems. The bid, ...
Icelandic fish exporter Tros sold
One of Iceland’s largest exporters of fresh fish by air to the UK and US has been sold to another Icelandic seafood company. Iceland Seafood Int...
Marel buys Stork Food Systems
Icelandic company Marel Food Systems recently doubled its size again with the purchase of Stork Food Systems for €415 million ($607 million, £300 mill...