News Iceland Reykjavik: Correction: Reykjavík Energy Financial Forecast 2026–2030 | ISK 50 Billion in Annual Investments
In original release, the year 2030 was misspelled in two places. Corrected below. ------------ Significant investments are ahead for the companies within the Reykjavík Energy Group. According to the consolidated financial forecast for Veitur Utilities, ON Power, Reykjavík Fibre Network, Carbfix, and the parent company, total investments are expected to amount to ISK 245 billion over the forecast period. It covers the years 2026 through 2030. On average, annual investments are therefore likely to
News Iceland Reykjavik: Iceland rejects EU accession talks in referendum
Icelanders have rejected a government proposal to resume accession talks with the European Union, the public broadcaster RUV reports. In a vote held on Saturday, 52.8 percent of Icelanders voted ...
News Iceland Reykjavik: Reykjavík Energy Consolidated Annual Financial Statements 2023 | Progress in Climate and Energy Affairs
Development of tariffs for licensed services Development of tariffs for licensed services 2014-2024 Reykjavík Energy (RE; Orkuveita Reykjavíkur) financial position according to the 2023 financial statements is a promising start for the transformation projects that the company and Icelandic society are facing. This is according to Sævar Freyr Þráinsson, CEO, who is implementing the company‘s new overall strategy and introducing a new organisational structure. Profit but High Financial CostsReykja
News Iceland Reykjavik: Cult Shop: the scents of Sigur Rós
Formerly the recording studio of Icelandic musician and Sigur Rós frontman Jónsi Birgisson, the place has lately been transformed by him and his three younger sisters, Inga, Lilja and Rosa, into a ...
News Iceland Reykjavik: Inside Iceland’s probe into the 2008 financial crash
Shareholders lost everything when the Icelandic banks’ share prices dropped to zero in October 2008, leading to weekly anti-government protests in Reykjavik ...