Category: Industry

  • Government announces measures after leak of Samherji documents

    Government announces measures after leak of Samherji documents

    At a cabinet meeting this morning, the government of Iceland decided on seven measures to increase trust in Icelandic industry after the leak of documents from Iceland’s fishing giant Samherji last week The measures include increased transparency in the operation of larger companies, assessment and improvement of fishing internationally and added funding for tax investigation.

  • Þeistareykir geothermal power plant goes online

    Þeistareykir geothermal power plant goes online

    The first turbine unite of the 90 megawatt Þeistareykir geothermal power plant went online today. The new plant consists of two turbine units, each with a 45 megawatt capacity. The second 45 MW turbine unit is scheduled to go online in April next year. Landsvirkjun, the National Power Company of Iceland, has invested heavily in…