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Archived edition · October 29, 2026 Today's news →

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International firm acquires shipping giant Samskip

In a significant economic development, Samskip and its subsidiary companies have been acquired by an international shipping firm. This marks a notable change within the country's vital shipping sector.

Meanwhile, there's positive news in corporate leadership as Guðný Helga Herbertsdóttir has become the seventh woman to lead a company on the Iceland Stock Exchange, following leadership changes at Skaga. This increases the representation of women in top executive positions among listed companies. In other business news, companies have reported 24 billion in profits this year but are criticizing an increase in the bank tax.

Columnist Thorsteinn Palsson has highlighted a lack of clear direction in the Icelandic agricultural sector, suggesting a need for a defined national strategy. Separately, Heida Ork publicly defended Klettabae, recounting a traumatic personal experience where her child was taken, while Jón expressed extreme frustration with perceived resistance and inaction, likely after an investigative journalism piece by Kveikur.

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Number of Women CEOs on Stock Exchange Rises

Guðný Helga Herbertsdóttir, CEO of VÍS insurance, has become the seventh woman to lead a company on the Iceland Stock Exchange following leadership changes at Skaga. Women now lead six of the 27 listed companies, representing just over a fifth of CEOs.

Heida Ork Defends Klettabae, Jón Expresses Frustration

Heida Ork publicly defended Klettabae, sharing a traumatic personal experience where her child was taken, deeply affecting her family. Separately, Jón expressed extreme frustration with perceived resistance and inaction, likely in response to an investigative journalism piece by Kveikur.

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