Iceland plans major state asset sales that could cut national debt by one trillion krónur and slash interest costs. The proposal includes selling all...

🇮🇸 Iceland • October 19, 2025

Personal Mobility Need Sparks Icelandic Business Venture

An Icelandic company turned personal mobility challenges into a thriving business. Mobility imports and adapts assistive devices unavailable locally....

🇮🇸 Iceland • October 19, 2025

Iceland's electric work vehicle tax changes spark concern

Iceland eliminates import taxes on clean energy vehicles while raising fossil fuel vehicle taxes. Industry leaders warn electric work vehicles face...

🇮🇸 Iceland • October 18, 2025

Cruise Ship Visits Collapse in East Iceland Ports

East Iceland faces economic crisis as cruise ships abandon ports due to new passenger fees. Municipalities project billion-króna losses as ship...

🇮🇸 Iceland • October 18, 2025

Origo Acquires Microsoft Partner Kappa in Iceland

Icelandic IT company Origo has acquired Microsoft specialist Kappa to strengthen its business solutions portfolio. The purchase adds experienced...

🇮🇸 Iceland • October 18, 2025

Eastern Iceland Stores Expand to Akureyri Market

Three East Iceland stores have expanded to Akureyri, bringing design goods and sportswear to northern markets. The businesses are testing urban...

🇳🇴 Norway • October 18, 2025

Oslo Stock Exchange Drops 1.8% Following Global Declines

Oslo Stock Exchange dropped 1.8% Friday following global market declines. Major Norwegian energy and shipping companies led the losses, with Höegh...

🇮🇸 Iceland • October 17, 2025

Icelandic Business Resilience Shown Through Award Program

Iceland's Outstanding Companies award program reveals business resilience sixteen years after the financial crisis. Only 2% of Icelandic companies...

🇮🇸 Iceland • October 17, 2025

Icelandic banks face competition probe over rate comments

Iceland's Competition Authority investigates bank employees for potential competition law breaches after Supreme Court interest rate ruling....

🇮🇸 Iceland • October 17, 2025

Hagar Group Reports $27M Profit Boost from Bonus Stores

Iceland's Hagar Group posted 3.7 billion krónur ($27M) profit in H1 2025, boosted by Bonus supermarkets and Olís stations. The retail giant saw...

🇮🇸 Iceland • October 17, 2025

Icelandic Media Company Issues Profit Warning

Icelandic media company Sýn has issued a profit warning, slashing its 2025 operating profit forecast to 280 million króna. The company cited...

🇮🇸 Iceland • October 17, 2025

Growing Interest in Land Plots Near Mjóeyrarhöfn Port

Iceland's Fjarðabyggð municipality will analyze infrastructure needs for Mjóeyrarhöfn port amid growing interest in 80,000 square meters of vacant...

🇸🇪 Sweden • October 17, 2025

Swedish Food Prices Fall for Second Straight Month

Swedish food prices fell for the second consecutive month in September, dropping 0.8% from August. The decline helped push overall inflation lower,...

🇸🇪 Sweden • October 17, 2025

Swedish electricity prices surge toward 6 kronor per kWh

Swedish electricity prices approach 6 kronor per kWh as nuclear outages and stalled wind power create supply shortages. Southern residents face some...

🇸🇪 Sweden • October 14, 2025

Gothenburg Tram Chiefs' Salaries Revealed in New Report

Gothenburg's tram company reveals executive salaries ranging from 115,000 to 70,000 SEK monthly. CEO Linda Rudenwall tops the list in this municipal...

🇸🇪 Sweden • October 13, 2025

Swedish Candy Named Among World's Best Innovations

Swedish candy brand Bubs has been named one of Time magazine's best innovations of the year. The vegan treats have gained massive popularity abroad,...

🇸🇪 Sweden • October 13, 2025

NCC cuts 70 jobs after losing Västlänken contract

Construction firm NCC is cutting 70 jobs after being removed from Gothenburg's Västlänken railway project. The Swedish Transport Administration...

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