Iceland has been blessed with natural resources to the extent that the country can generate its energy requirements through geothermal plants and hydroelectric power stations. This means there is no need for burning fossil fuels like gas or coal to produce power. This results in virtually no pollution and keeping the environment safe. This is one reason that in Iceland
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Organizations keep looking out for skilled and committed manpower and many qualified people are desperately searching for the right organization to work for. The bridge between them is the executive search firms. The field of executive search in Iceland is quite evolved. There are specialist agencies like Swapp, who understand the precise need of their customer organizations and recommend suitable
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Iceland has become an attractive destination for many things. It already has film making units landing in droves to shoot their films and shows. Many other business sectors have been opened up by the Iceland government for foreign investors to come and set up base. The real estate sector has also seen healthy growth with a lot of people willing
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Iceland is home to several thriving industries. Traditionally this little island nation in the North Atlantic has been a hub for the fishing industry, but that has changed in the last half-century. For almost a thousand years, Iceland’s people relied on fishing and ocean-driven trade as a source of income. At the start of the 20th Century, Iceland was actually
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Office Space in Iceland Iceland’s and in particular Reykjavik’s landscape has undergone a huge transformation in the past few years. The country has economy did suffer a setback in 2008 when there was a global meltdown, but after that, it has not turned back. Foreign investors are setting up their operations in Iceland and there are many Icelandic business
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With the total population hovering around 350,000 to 400,000, wholesales in Iceland may sound paradoxical. There is however a concentration of the population in the capital Reykjavik alone. This does give the scope for products to be purchased or imported at wholesale rates and then distributed down the line to the retail counters. There are suppliers to the industries who
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The term you will often hear when payroll in Iceland is discussed is ‘collective bargaining’. It works here since most organizations will find that the employees are comfortable negotiating their compensation and employment benefits as a group rather than individually. Collective agreements are entered into between the employers and the staff unions. It has to be added here that there
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Supply chain is a critical component in the management of any business or organization. As a specialist function, supply management has emerged as an integrated system in the past few decades. Before that, there used to be the disjointed areas of procurement or buying and transportation. In the present context, supply chain encompasses the entire route from the sourcing of
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Carbon emission is an important element in global climate change and other environment-related discussions. Every government and private enterprise is working towards reducing the amount of carbon dioxide being let off in the atmosphere. Iceland has consistently supported green energy initiatives and it comes as no surprise that a project for carbon recycling in Iceland has gone on stream last
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Almost every country in the world wants foreign firms particularly large transnational corporations to make investments in their economy. It leads to job creation, one of the critical inputs for any economy to grow. However, large organizations have their own dynamics that hold them back from directly recruiting all their employees in a new country they invest in. This is
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