Emerson Collective Invests in an Icelandic Medical Fish Skin Company


Kerecis, an Icelandic medical device company and pioneer in using fish skin in tissue regeneration, recently announced a $16m series C financing round. The funds will be used to increase sales and marketing in the United States and Switzerland. According to media coverage in Iceland, Emerson Collective, which was founded by Laurene Powel Jobs, is o...

Pharmaceutical R&D Investments on the Rise in Iceland


Investments in research and development manufacturing within the pharmaceutical industry are continuing to increase in Iceland, including those from Novartis, Alvotech, and Coripharma. According to Frumtök, the Icelandic Association of the Pharmaceutical Industry, Novartis has contributed over 160m ISK over the previous three years. Contributing to...

Capital Controls Lifted


As of March 14th 2017, capital controls in Iceland are lifted. The removal of the capital controls represents the completion of Iceland's return to international financial markets.

The President's Address on Sustainability


The President of Iceland, Mr. Olafur Ragnar Grimsson, addressed the Sustainable Innovation Forum in Paris 2015. The President's full address is now available online.

Data Centers Embrace the Cold


Iceland is one of Europe´s hotspots, or more specifically 'coldspots', for data centers according to a recent article in FDi magazine. And Verne Global is said to have hit the jackpot for data center locations with their Icelandic location.

Iceland’s competitive advantages as a global Data Centre location


An independent study reveals that Iceland is well positioned to become an international datacenter hub. The study results show unique advantageous clean energy reserves, competitive power prices and solid infrastructure that make Iceland a highly attractive location for datacentres. The study was conducted by BroadGroup Consulting and published by Landsvirkjun, Iceland's national power company.

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Iceland focuses on a favorable business environment, including low corporate tax, availability of land and green energy at competitive prices and efficiency within European legislative framework. Generous support for R&D.

Why Iceland

Along with having one of the lowest corporate tax rate in Europe, Iceland has a highly educated workforce which is ranked among the highest in the world, offers competitively priced renewable energy with an advanced infrastructure making Iceland an ideal location for investors