Iceland’s economy grows rapidly but GDP per capita remains stagnant
Recent rapid economic growth in Iceland has provided new opportunities for companies and investors, but has not increased average incomes. Viðskiptablaðið first reported the story.
Topic
Recent rapid economic growth in Iceland has provided new opportunities for companies and investors, but has not increased average incomes. Viðskiptablaðið first reported the story.
Gallup survey shows companies evenly divided over carbon neutrality goals. The Umhverfisdagur conference highlights unique challenges and innovations in Icelandic industry.
Icelandair is considering adding more Saga Premium seats after reporting a 35% increase in premium cabin revenues over three years. The move comes as the airline posts record third-quarter results despite higher fuel costs.
British investor Jim Ratcliffe has faced criticism on Icelandic social media for his business dealings, attracting a public comment from musician Bubbi Morthens. Ratcliffe's spokesperson issued a statement in response.
Icelandic biotech company Arctic Therapeutics has raised the equivalent of ISK 2.6 billion through an oversubscribed financing round. The funding will be used to advance development of five drug programmes.
Aurora Abalone, which operates Iceland's only abalone farm in Grindavík, has completed a 1.5 billion króna share issue. The funds will increase annual abalone production to 100 tonnes.