List of companies of Iceland

Iceland is a Nordic island country in the North Atlantic Ocean. It has a population of 348,580 and an
area of 103,000 km2 (40,000 sq mi), making it the most sparsely populated country in Europe.[1] The
capital and largest city is Reykjavík. Reykjavík and the surrounding areas in the southwest of the
country are home to over two-thirds of the population. Iceland isvolcanically and geologically active.

Iceland has a market economy with relatively low taxes compared to other OECD countries.[2] It
maintains a Nordic social welfare system that provides universal health care and tertiary education for
its citizens.[3] Iceland ranks high in economic, political and social stability and equality. In 2013, it was
ranked as the 13th most-developed country in the world by the United Nations' Human Development
Index.[4] Iceland runs almost completely on renewable energy. Affected by the ongoing worldwide
financial crisis, the nation's entire banking system systemically failed in October 2008, leading to a
severe depression, substantial political unrest, the Icesave dispute, and the institution of capital controls.
Location of Iceland
Many bankers were jailed,[5] and the economy has made a significant recovery, in large part due to a
surge in tourism.[6][7][8]

[9]
As of 2011, there are approximately 32,500 companies registered in Iceland of which 14,500 (45%) are active.

Notable firms
This list includes notable companies with primary headquarters located in the country. The industry and sector follow the Industry Classification
Benchmark taxonomy. Organizations which have ceased operations are included and noted as defunct.

Active firms
State-owned firms
Defunct firms
 Registered
Name Industry Sector Headquarters Founded Notes
name
365 - miðlar
365 Consumer services Media Reykjavík 1986 Broadcaster
ehf
Advania Advania ehf Technology Software Reykjavík 2012 Information technology
Flugfélag
Air Iceland Consumer services Travel & leisure Reykjavík 1997 Airline
Íslands ehf
Arctic Trucks Commercial Exploration and
Arctic Trucks Industrials Reykjavík 1990
Ísland ehf vehicles & trucks commercial vehicles
Áfengis- og
Alcohol/tobacco state
ÁTVR tóbaksverslun Consumer services Retail Reykjavík 1998
monopoly
ríkisins
Bónus Bónus Consumer services Retail Reykjavík 1989 No-frills supermarket
Carbon
Carbon
Recycling
Recycling Oil & gas Alternative energy Reykjavík 2006 Renewable methanol
International
International
(CRI)
CCP Games CCP hf Technology Software Reykjavík 1997 Video game developer
Telecommunications,
Dagsbrún Dagsbrún ehf Conglomerates Reykjavík 2003
media, security
Íslensk
deCODE
erfðagreining Health care Biotechnology Reykjavík 1996 Gene research
genetics
ehf
Egill
Ölgerðin Egils
Skallagrímsson Consumer goods Food & beverage Reykjavík 1913 Brewery
Skallagrímsson
Brewery
Nasdaq
Eimskipafélag Eimskipafélag Marine Iceland: HFEIM, The
Industrials Reykjavík 1914
Íslands Íslands hf transportation Icelandic Steamship
Company
FRISK
Friðrik
Software Technology Software Reykjavík 1993 Antivirus software
Skúlason ehf
International
Food holding, includes
Hagar Hagar ehf Consumer goods Food & beverage Reykjavík 2003[10]
Hagkaup and Bónus
Hagkaup Hagkaup Consumer services Retail Reykjavík 1959 Hypermarket chain

HB Grandi HB Grandi hf Consumer goods Food & beverage Reykjavík 2004[11] Fishing

Icelandair Icelandair ehf Consumer services Travel & leisure Reykjavík 1937 Airline
Icelandair Icelandair Travel and tourism
Consumer services Travel & leisure Reykjavík 1937
Group Group hf group
Íslandsbanki Íslandsbanki hf Financials Banks Reykjavík 2008 State-owned bank
Íslandspóstur Industrial Postal
Íslandspóstur Industrials Reykjavík 1776
hf transportation services/shipping
Landsbanki Landsbanki Financials Banks Reykjavík 1885 Defunct 2008
Landsbankinn NBI hf Financials Banks Reykjavík 2008 State-owned bank
Mannvit Industrial Engineering and
Mannvit hf Industrials Reykjavík 1963
Engineering engineering consulting
Marel Marel hf Industrials Industrial machinery Garðabær 1983 Nasdaq Iceland: MARL
Energy management
Marorka Marorka ehf Technology Software Reykjavík 2002
software and research
Investment/commercial
MP Bank MP Banki hf Financials Banks Reykjavík 2003
bank
Nói Síríus Nói-Siríus hf Consumer goods Food & beverage Reykjavík 1920 Chocolates
Computer services,
Nyherji Nýherji hf Technology Computer services Reykjavík 1992
software consulting
Nasdaq
Ossur Össur hf Health care Medical Equipment Reykjavík 1971
Iceland: OSSR
 Promens Promens hf Industrials General industrials Kópavogur 1984 Packaging, plastics
Ríkisútvarpið The Icelandic National
RÚV Consumer services Media Reykjavík 1930
ohf Broadcasting Service
Fixed line Also provide mobile
Síminn Síminn hf Telecommunications Reykjavík 1906
telecommunications telecom
Sláturfélag Sláturfélag
Consumer goods Food & beverage Reykjavík 1907 Food producer co-op
Suðurlands Suðurlands svf
Teris Teris Technology Software Kópavogur 1989 Financial software
Vodafone Mobile Vodafone (UK)
Fjarskipti hf Telecommunications Reykjavík 2003
Iceland Telecommunications branded firm
WOW air Wow Air ehf. Consumer services Travel & leisure Reykjavík 2011 Low-cost airline

A Boeing 767-300ER of Headquarters of RÚV in Reykjavík. Old whaling ships Hvalur 6, 7,

Icelandair at Frankfurt Airport. 8 and 9.

See also
Economy of Iceland
List of Icelandic brands
List of restaurants in Iceland

References
1. "Statistics Iceland" (http://www.statice.is#Govt). Government. The National Statistical Institute of Iceland. 14 September 2008
.
Retrieved 14 September 2008.
2. "OECD Tax Database" (https://web.archive.org/web/20100125144548/http://www .oecd.org/document/60/0%2C2340%2Cen_2649_34
533_1942460_1_1_1_1%2C00.html). Oecd.org. Archived fromthe original (http://www.oecd.org/document/60/0,2340,en_2649_34533
_1942460_1_1_1_1,00.html)on 25 January 2010. Retrieved 26 January 2010.
3. Ólafsson, Stefán (12 May 2004)."The Icelandic Welfare State and the Conditions of Children" (https://web.archive.org/web/20050818
131819/http://www.borg.hi.is/ChildWelfare). borg.hi.is. Archived fromthe original (http://www.borg.hi.is/ChildWelfare) on 18 August
2005. Retrieved 22 April 2010.
4. "2015 Human Development Report"(http://hdr.undp.org/sites/default/files/hdr_2015_statistical_annex.pdf)(PDF). United Nations
Development Programme. 2015. Retrieved 14 December 2015.
5. Worstall, Tim. "If Iceland Can Jail Bankers For The Crash Then Why Can't America?"(https://www.forbes.com/sites/timworstall/2015/1
0/24/if-iceland-can-jail-bankers-for-the-crash-then-why-cant-america/)
. forbes.com.
6. Greenstein, Tracey (20 February 2013)."Iceland's Stabilized Economy Is A Surprising Success Story"(https://www.forbes.com/sites/tr
aceygreenstein/2013/02/20/icelands-stabilized-economy-is-a-surprising-success-story/)
. Forbes. Retrieved 11 April 2014.
7. Mingels, Guido (10 January 2014)."Out of the Abyss: Looking for Lessons in Iceland's Recovery"(http://www.spiegel.de/international/
europe/financial-recovery-of-iceland-a-case-worth-studying-a-942387.html)
. Der Spiegel. Retrieved 11 April 2014.
8. Bowers, Simon (6 November 2013)."Iceland rises from the ashes of banking collapse"(https://www.theguardian.com/world/2013/oct/0
6/iceland-financial-recovery-banking-collapse)
. The Guardian. Retrieved 11 April 2014.
9. "Áttundi hver Íslendingur situr í stjórn fyrirtækis"(http://visir.is/attundi-hver-islendingur-situr-i-stjorn-fyrirtaekis/article/2011110519745)
[One of every eight Icelanders is a member of a board of directors] (in Icelandic). 11 May 2011 . Retrieved 11 May 2011. "Viðskiptaráð
tekur fram að samkvæmt fyrirtækjaskrá eru starfrækt 32.500 fyrirtæki en af þeim áætlar Creditinfo að um 14.500 séu virk. "
10. HAGA.IS Company Profile & Executives - Hagar Hf. - W
all Street Journal (http://quotes.wsj.com/IS/HAGA/company-people)
11. GRND.IS Company Profile & Executives - HB Grandi hf. - W
all Street Journal (http://quotes.wsj.com/IS/GRND/company-people)

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