Reykjavík, Iceland
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News Article | December 28, 2016
Site: www.businesswire.com

REYKJAVIK, Iceland--(BUSINESS WIRE)--Iceland Naturally invites you to take a virtual trip to Reykjavik with a Facebook Live video stream of the city’s dazzling fireworks show on New Year’s Eve hosted by Iceland’s famous TV personality Benedikt Valsson. Simply head to www.facebook.com/icelandnaturally at 6:50 p.m. EST / 3:50 p.m. PST on December 31 to watch more than 200,000 Icelanders ring in the new year with their famous fireworks display. Since Iceland is several hours ahead of North America, you can watch the celebrations before yours even begin! The majority of proceeds from fireworks sales in and around Reykjavik go to Iceland’s volunteer rescue group, Icelandic Association for Search and Rescue (ICE-SAR). This, coupled with the fact that there are no fireworks restrictions in Iceland, make for an incredible display; almost everyone in Reykjavik sets off fireworks and the sky becomes illuminated with awe-inspiring lights as far as the eye can see. In Iceland, New Year's Eve is honored as a historic and traditional holiday, full of laughter, music and magic. The festivities kick off with dinner, followed by bonfires (“brenna”) and a gathering of family and friends to listen to music. Bars and restaurants stay open all night so the dancing and celebrating lasts well into the morning. Don’t miss out on this unique opportunity to be a part of Iceland’s New Year’s Eve celebration from the comfort of your own home! Tune in to Iceland Naturally’s live stream at www.facebook.com/icelandnaturally just before midnight Icelandic time on New Year’s Eve and share with your friends by tweeting @IcelandNatural using #ReykjavikNYE. About Iceland Naturally Iceland Naturally is a cooperative marketing organization that promotes the services, products and culture of Iceland. Through events, promotions and online marketing, Iceland Naturally introduces Iceland’s creativity and natural wonders to North Americans. The group is comprised of Iceland’s top companies and organizations: Icelandair, Icelandic Group, Islandsbanki, Reyka Vodka, City of Reykjavik, Icelandic Glacial, Blue Lagoon, Keflavik International Airport (KEF), Landsvirkjun, Ölgerðin, Promote Iceland, Icelandic Provisions and the Government of Iceland. For more information, visit: www.icelandnaturally.com.


News Article | February 21, 2017
Site: www.businesswire.com

BOSTON--(BUSINESS WIRE)--Taste of Iceland, an annual festival that celebrates Iceland’s vibrant culture, returns to Boston with a series of events from March 16-20, 2017. Presented by Iceland Naturally, the five-day festival highlights the best of Icelandic food, music, art and more giving Bostonians a taste Icelandic culture. This year’s events include a special Icelandic menu at The Merchant; the Reykjavik Calling Concert at The Middle East; an Icelandic film screening at The Brattle Theatre, an Icelandic literature presentation by the First Lady of Iceland at WBUR; and a discussion of Icelandic visual arts at The Kingston Gallery at SoWa. Icelandic Menu at The Merchant March 17-20 | 4-11PM Daily | The Merchant | 60 Franklin Street, Boston, MA 02110 Icelandic chef Siggi Helga of Grillið restaurant will fly to Boston with a number of fresh Icelandic ingredients to collaborate with local Boston chef Steve Brady of The Merchant. Known for his innovative style, chef Siggi will bring Icelandic cuisine to The Merchant’s kitchen and work with chef Brady to create an authentic and fresh dinner menu. Brennivin’s 2015 cocktail champion, mixologist Kári Sigurðsson, will also make the flight from Iceland to join the Merchant’s bar manager, Bryan Ames, in mixing unique cocktails featuring Iceland’s favorite vodka, Reyka Vodka, and aquavit, Brennivin, to pair perfectly with your dinner. For reservations call (617) 482-6060 or reserve online here. Reykjavik Calling Concert March 18 | 8PM | The Middle East | 472 - 480 Massachusetts Ave, Cambridge, MA 02139 The annual Reykjavik Calling concert, sponsored by WERS, returns to The Middle East. This year’s lineup features Icelandic bands Fufanu, who just dropped their new album Sports, and Mammut, winner of the 2014 Icelandic Music Awards’ Album of The Year and Song of the Year, along with local Boston band The Dirty Dottys, winner of Best Pop Act at the New England Music Awards. Admission is free and will be granted on a first-come, first-served basis. Doors open at 8:00 p.m.; show begins at 9:00 p.m. Must be 18+. RSVP The Write Stuff: How Iceland Inspires Lovers of the Written Word March 16 | 5:30PM | WBUR | 890 Commonwealth Avenue, Boston, MA 02215 This Icelandic literature event, sponsored by WBUR, celebrates Iceland’s robust storytelling culture with a 30-minute presentation from author and Iceland’s First Lady, Eliza Reid. A Reykjavik-based writer and editor, Reid co-founded the Iceland Writers Retreat, an annual gathering for published and aspiring writers. After her presentation on how Iceland inspires lovers of the written word, Reid will answer questions, lead a discussion with attendees, and share details of the Iceland Writers Retreat coming up on April 5-9, 2017; tickets are still available! While immersing themselves in Icelandic literature, guests will also enjoy Icelandic bites and cocktails prepared by chef Siggi and mixologist Kári, respectively. Admission is free; registration is required. RSVP Shortfish: Iceland’s Premier Short Film Festival March 19 | 12PM | The Brattle Theatre | 40 Brattle Street, Cambridge, MA 02138 Enjoy an afternoon of Icelandic short films and popcorn at The Brattle Theater in Harvard Square. The screening will feature six short films from the 2016 Shortfish competition (the short film division of Iceland’s premier film festival, Stockfish). The winner of the 2016 Shortfish competition, Like it’s up to you by Brynhildur Þórarinsdóttir, will be among the shorts screened. The program will run for approximately 75-minutes with each short running between five and twenty minutes. There are no restrictions on these films, however, they are not recommended for children. Doors open at 11:30 a.m.; program starts at noon. Admission is free and will be granted on a first-come, first-served basis. RSVP The Icelandic Art Center Presents: Iceland’s Thriving Contemporary Visual Arts Scene March 17 | 5:30PM | The Kingston Gallery at SoWa | 450 Harrison Avenue, No. 43, Boston, MA 02218 Join Björg Stefánsdóttir, director of the Icelandic Art Center, for a 60-minute presentation and discussion on Icelandic visual arts. Björg will offer insight into how Iceland (with a population of 340,000) is able to maintain a thriving contemporary art scene and spread Icelandic art across the world through its artist-driven community and The Icelandic Art Center. Admission is free and will be granted on a first-come, first-served basis. RSVP Media Reception March 15 | 6PM A media reception will be held on Wednesday, March 15 for members of the press who would like to preview the festival and meet with Icelandic guests before the events kick off on March 16. Interested media should email iceland@bigfishpr.com for event details. Win an Icelandic Prize! At each Taste of Iceland in Boston event you attend, make sure to grab an event pin from the entrance of the venue for your chance to be entered into a drawing for an Icelandic prize! Enter by tweeting a picture of all your buttons to @IcelandNatural with the hashtag #TOIBostonChallenge by March 21. The more events you attend, the more buttons you collect and the greater your chances of winning! Stay up-to-date on Taste of Iceland in Boston by following @IcelandNatural and #TasteofIceland on Twitter and Instagram, ‘Liking’ Iceland Naturally on Facebook and RSVPing to the Facebook event. Can’t make it to the concert on Saturday night? Iceland Naturally will be streaming the show via Facebook Live - tune in at 9 p.m. ET! To learn more about Taste of Iceland in Boston, visit www.icelandnaturally.com. About Taste of Iceland in Boston Taste of Iceland in Boston is presented by Iceland Naturally in cooperation with Icelandair, Reyka Vodka, Blue Lagoon, Visit Reykjavik, Icelandic Glacial, Promote Iceland, Ölgerðin Egill Skallagrímsson, Icelandic Provisions, Brennivin, Iceland Airwaves, WERS, The Merchant, The Middle East, The Brattle Theatre, WBUR The Kingston Gallery and SoWa. About Iceland Naturally Iceland Naturally is a cooperative marketing organization that promotes the services, products and culture of Iceland. Through events, promotions and online marketing initiatives, Iceland Naturally introduces Iceland’s creativity and natural wonders to North Americans. The group is comprised of Iceland’s top companies and organizations: Icelandair, Icelandic Group, Reyka Vodka, City of Reykjavik, Icelandic Glacial Water, Blue Lagoon, Keflavik International Airport (KEF), Landsvirkjun, Ölgerðin Egill Skallagrímsson, Promote Iceland, Icelandic Provisions and the Government of Iceland.


News Article | December 5, 2016
Site: www.businesswire.com

LONDON--(BUSINESS WIRE)--Landsvirkjun, Iceland’s largest electricity generator and one of Europe’s leading renewable energy companies, has chosen the cloud-based power of Reval for automating treasury and financial risk management. The company will create a common cloud platform for managing cash positions and exposures across asset classes, including foreign exchange, interest rates and commodities. “We wanted a ‘one-stop shop’ that could support all of our business requirements and allow us to respond easily to changes in the market,” explains Kristjan Gunnarsson, Treasurer at Landsvirkjun. “But it was also important for us to find a long-term partner, capable of supporting the business both now and into the future. We found that Reval provided both the solution and the expertise we were looking for in a provider.” Landsvirkjun is using Reval to gain a clear picture of cash management, hedging and funding for better decision-making. The energy company will be using Reval for cash management, cash flow forecasting and reporting under IFRS, including CVA/DVA reporting for FX, IR and commodities. “Landsvirkjun is a great addition to Reval’s client community,” says Mark Johnson, Managing Director for Reval in the EMEA region. “They are a model Nordic client for other treasury teams in the region considering cloud-based technology for their end-to-end treasury and risk management processes.” Landsvirkjun, the National Power Company of Iceland, is owned by the Icelandic state and is the country’s largest electricity generator. The company generates around 70% of all electricity used in Iceland and offers electricity from 100% renewable energy sources. Reval is a global SaaS provider for Treasury and Risk Management, helping enterprises better manage cash, liquidity and financial risk, and account for and report on complex financial instruments and hedging activities. For more information, visit www.reval.com or contact info@reval.com.


News Article | November 14, 2016
Site: globenewswire.com

Hér með tilkynnist að Landsvirkjun mun birta árshlutareikning fyrir janúar til september 2016 í viku 47


News Article | November 14, 2016
Site: globenewswire.com

Hér með tilkynnist að Landsvirkjun mun birta árshlutareikning fyrir janúar til september 2016 í viku 47


News Article | December 14, 2016
Site: www.businesswire.com

« Advania est un ajout très apprécié à la clientèle de Landsvirkjun. Les conditions en Islande sont idéales pour les opérations de centre de données et Landsvirkjun a, ces dernières années, activement promu l’Islande comme un choix optimum pour les centres de données. Le succès de la croissance d’Advania et d’autres centres de données en Islande est basé sur des contrats d’énergie sûre favorables et à long terme, un environnement concurrentiel et la coopération des parties prenantes au sein de l’industrie en Islande. » « La portée des opérations d’Advania sur le marché des centres de données s’est considérablement accrue ces dernières années et des projets à grande échelle sont en cours dans les mois à venir. L’accès à l’énergie est un facteur clé dans l’exploitation de centres de données et nous sommes donc très heureux de cet accord avec Landsvirkjun. Nous croyons que Landsvirkjun renforcera notre capacité à servir une clientèle plus internationale à l’avenir. » Advania est une éminente société nordique des TI avec des activités en Islande, en Suède et en Norvège. La société compte environ 1 000 employés, travaillant depuis 20 différentes stations d’exploitation. Advania exploite le centre de données Steinhella à Hafnarfjordur et le centre de données Fitjar à Reykjanesbær. L’accord permettra à la société de développer davantage ses opérations de centre de données et d’agrandir sa clientèle.


News Article | December 14, 2016
Site: www.businesswire.com

REYKJAVIK, Islandia--(BUSINESS WIRE)--Landsvirkjun, la empresa nacional energética de Islandia, y Advania han firmado un acuerdo de compra de electricidad para el suministro de energía al centro de datos Fitjar de Advania en el sudoeste de Islandia. Según el acuerdo, la electricidad se suministrará a finales de 2016, lo que permitirá a Advania continuar con la ampliación de las operaciones del centro de datos. Landsvirkjun suministrará energía mediante su red actual de centrales eléctricas. La


News Article | November 14, 2016
Site: globenewswire.com

Hér með tilkynnist að Landsvirkjun mun birta árshlutareikning fyrir janúar til september 2016 í viku 47


News Article | December 14, 2016
Site: www.businesswire.com

„Advania ist eine willkommene Ergänzung des Kundenstamms von Landsvirkjun. Die Bedingungen in Island sind für den Betrieb von Rechenzentren ideal und Landsvirkjun hat Island in den letzten Jahren aktiv als bevorzugten Standort für Rechenzentren gefördert. Das erfolgreiche Wachstum von Advania und weiteren Rechenzentren in Island basiert auf günstigen, langfristigen, sicheren Stromverträgen, einem wettbewerbsorientierten Umfeld und der Zusammenarbeit von Akteuren aus der Industrie in Island.“ Advania ist ein führendes nordisches IT-Unternehmen, das in Island, Schweden und Norwegen tätig ist. Das Unternehmen beschäftigt rund 1.000 Mitarbeiter an 20 verschiedenen Betriebsanlagen. Advania betreibt das Rechenzentrum Steinhella in Hafnarfjordur und das Rechenzentrum Fitjar in Reykjanesbær. Der Vertrag wird es dem Unternehmen ermöglichen, seinen Rechenzentrumsbetrieb weiter auszubauen und den Kundenstamm zu erweitern.


News Article | February 28, 2017
Site: globenewswire.com

Acceptable earnings in a demanding business environment Two power plants under construction in order to meet increased demand for electricityKey figures from the consolidated financial statements “Landsvirkjun’s earnings in the year 2016 are acceptable despite a decrease year over year. External conditions were not favourable in the year 2016. Aluminium prices continued to be low despite moving higher in the second half of the year. Our revenues are still in some part connected to aluminium prices. Sold volume also decreased between years, contrary to plans, due to customer operational difficulties. In spite of this, revenues were nearly the same between years. Strong cash flow enabled the Company to do more than meet its investments in the new hydro-electric power station at Burfell II and the geothermal power plant at Theistareykir. It is satisfactory to be able to continue this development without increasing debt, but on the contrary, decrease debt. The decrease in debt during the last few years has had a good effect on the Company’s operations, which can be seen by the substantially lower interest expense between years. Landsvirkjun’s credit rating was raised by one grade in January 2017 which adds up to an advancement of three grades in the last years. The Company´s current credit rating, without a state guarantee, is investment grade and in this respect the company is drawing closer to comparable companies in the neighbouring countries.”

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