Data Centers in Iceland
Iceland is one of the few countries in the world where nature and technology mix together to create the most optimal location for data centers. Iceland possesses a highly skilled workforce with experience in software development and IT technology. Coupled with the robust engineering sector that’s an integral part of the Icelandic economy, the country […]
Augmented staffing
Iceland’s unique economic, environmental and educational characteristics have provided her with a great number of engineers and technology developers which can enrich your staff with the talents your projects require. Thanks to modern technology, staff augmentation has become one of the leading models of outsourcing in the world, providing your company with the required abilities […]
Shelf Companies
Shelf companies are sought after for a number of reasons. It helps speed up the process of setting up new companies, as well as allowing better access to commercial credit and loans. However, setting up, maintaining and purchasing shelf companies can often be a confusing business and requires careful consulting. Iceland is the 13th country […]
Engineering in Iceland
Engineering is a one of the most important scientific disciplines in Iceland due to its unique geological location. The high concentration of volcanoes in the island has allowed its inhabitants to become leaders in the generation of geothermal energy. In order to exploit this natural and renewable source of energy, a robust academic body of […]
Economy in Iceland
Iceland is unique country, with unique characteristics that separate it from the rest. Its society and economy reflect that. First of all, Iceland has a mixed economy with high levels of free trade and government intervention. In addition, it is one of the few countries located in Europe that is not part of the European […]
Icelandic stock market
It is known that the Icelandic stock market suffered a great deal in the crisis of 2008. After having reached its peak of 3495, the OMX Iceland All-Shares Index collapsed to its bottom at 167 on April 8, 2009, a fall of 95.2% from top to bottom. Since then, the market has steadily recovered and […]
Construction in Iceland
The architecture and construction style of Iceland is very particular and unique. While it draws from Scandinavian influences, it was influenced by the lack of native trees on the island. Stone and later concrete became popular building materials. In addition, grass- and turf-covered houses are not uncommon to see. Currently, The Iceland Construction Authority is […]
Healthcare in Iceland
The healthcare system of Iceland stands out from the rest not only because of its quality but also its far reach. The country has universal healthcare and is mostly paid for by taxes (85%) and to a lesser extent by service fees (15%). There is almost no private health insurance in Iceland and no private […]
Banks in Iceland – Their novel approaches
The banking sector of Iceland has been widely studied throughout the last decades. Unlike the rest of the world, after the last financial crisis of 2008, Icelandic banks were not bailed out by the state or any other public entity. In that time, banks were 10 times the GDP of Iceland and 20 times the […]
Talent in Iceland
Remote working has never been more important and broader across the globe. Due to Covid-19, the need for professional freelancers and top talent in Iceland was made a trend. Iceland stands-out internationally as a leading provider of an educated workforce. The workforce in Reykjavik Capital Area is well educated with 41% of the inhabitants achieving […]