Latest Insights

MS Iceland Dairies adds UK to skyr yoghurt export push - interview 26 Feb 2016

After success in Scandinavia and carving a foothold in Switzerland, MS Iceland Dairies is taking its Skyr yoghurt to the UK - where Arla Foods is already present with its own version of the product. Dean Best spoke to Jón Axel Pétursson, senior vice president for sales and marketing at MS Iceland Dairies, to find out more about the company's plans.


Icelandic food sector hopes to come in from the cold 6 Nov 2009

In the wake of Iceland's financial meltdown, food manufacturers in the country have found themselves struggling with higher input costs. However, exporters have also flourished due to the weak currency. Gerald O'Dwyer reports.


Crunching the numbers: Iceland’s food industry 14 Oct 2008

Nowhere in the world can the impact of the credit crunch be more clearly seen than in Iceland, a nation on the brink of financial implosion. As the events of the last week unravel, Iceland has found itself struggling to avert the alarming possibility that the financial meltdown could spread to the “real” economy and Iceland’s food industry now has to face a crisis not of its own making. Katy Humphries reports.

Latest News

Norway, Iceland to resume organic exports to EU 17 Mar 2017

The EU is to accept organic imports from Norway and Iceland after rules governing the trade in the products were included in the European Economic Area agreement, which governs trade between the countries and the 28-member bloc.


Icelandic Group sells fish subsidiary Ný-Fiskur  12 Dec 2016

Icelandic Group has sold off its fish subsidiary Ný-Fiskur to fellow Iceland-based seafood business Nesfiskur but retained ownership of the Iceland Seafood trade mark. 


Icelandic Group sells Spanish business to suppliers 9 Sep 2016

Icelandic Group said today (9 September) it has agreed to sell its Spanish subsidiary to Solo Seafood – which is owned by a group of seafood companies in Iceland that are among the subsidiary's main suppliers.


Orkla buys Icelandic firm Nonni Litli 12 May 2015

Norway-based food group Orkla has snapped up a majority stake in Icelandic firm Nonni Litli.


ICELAND: UK retailer Iceland Foods to open more stores in Iceland 27 Nov 2012

UK frozen food retailer Iceland Foods has outlined plans to grow in Iceland following the acquisition of a stake in its operating company in the country Ísland-Verslun.


ICELAND: Icelandic Group lands Asgeirsson as CEO 7 Oct 2011

Fish processor Icelandic Group has hired Lárus Ásgeirsson as the new CEO of the company.


ICELAND: Seafood firm Icelandic Group to sell French, German units 3 Jun 2011

Icelandic Group, the seafood processor, has struck a deal to sell its operations in France and Germany to a consortium of private investors.


ICELAND: Seafood processor Icelandic Group posts 2010 profit dip 1 Apr 2011

Icelandic Group, the seafood processor, has posted a fall in annual profits, hit by operating costs and a higher tax bill.


ICELAND: Seafood firm Icelandic appoints advisor for strategic review 17 Mar 2011

Seafood processor Icelandic Group, which supplies the likes of Tesco and Marks and Spencer, has appointed financial advisors to review the "strategic alternatives" for the business - including possible disposals.


UPDATE: UK/ICELAND: No talks yet over Iceland Foods, insists Landsbanki 13 Dec 2010

Icelandic bank Landsbanki, one of the major shareholders in UK retailer Iceland Foods, has insisted there have been no takeover talks over the frozen-food specialist.