LARGEST COMPANIES IN ICELAND

Iceland, known for its unique geography and rich natural resources, hosts a diverse range of companies spanning various sectors, including biotechnology, seafood, banking, and technology. This overview presents notable companies in Iceland, focusing on their market capitalization, stock prices, and a brief insight into their operations.

Companies List

Companies List

Favorite Company Name Stock Symbol Market Cap Current Price 30-Day Change Country
Alvotech ALVO $3.94 B $13.08 0.23% Iceland
Marel MAREL.AS $3.14 B $4.17 0.26% Iceland
Embla Medical EMBLA.CO $2.20 B $5.07 0.57% Iceland
Íslandsbanki ISB.IC $1.73 B $0.91 2.89% Iceland
Arion banki ARION.IC $1.60 B $1.13 0.00% Iceland
Sildarvinnslan SVN.IC $1.24 B $0.67 0.00% Iceland
Brim hf. BRIM.IC $1.04 B $0.54 0.27% Iceland
Hagar hf. HAGA.IC $0.73 B $0.68 0.53% Iceland
Kvika banki KVIKA.IC $0.64 B $0.14 0.53% Iceland
Festi hf. FESTI.IC $0.51 B $1.69 0.00% Iceland
Hampiðjan HAMP.IC $0.51 B $0.81 0.90% Iceland
Sjóvá-Almennar tryggingar SJOVA.IC $0.51 B $0.33 0.89% Iceland
Reitir fasteignafélag REITIR.IC $0.50 B $0.70 0.00% Iceland
Reginn REGINN.IC $0.47 B $0.17 0.00% Iceland
Eimskipafélag Íslands EIM.IC $0.41 B $2.52 0.00% Iceland
Ölgerðin Egill Skallagrímsson OLGERD.IC $0.36 B $0.13 0.00% Iceland
Gilding GILD.IC $0.36 B $1.20 0.00% Iceland
Skeljungur SKEL.IC $0.32 B $0.66 0.00% Iceland
Sjóvá SJOVA.IC $0.31 B $0.29 0.00% Iceland
VÍS VIS.IC $0.30 B $0.16 0.00% Iceland
Össur OSSUR.IC $0.29 B $0.16 0.00% Iceland

1. Alvotech (ALVO)

  • Market Cap: $3.94 Billion
  • Stock Price (30 days): $13.08
  • Price Change: 0.23%
  • Description: Alvotech specializes in developing and manufacturing biosimilars, a cost-effective alternative to biologic drugs. The company aims to enhance access to high-quality medicines and is a leader in biotechnology innovation in Iceland.

2. Marel (MAREL.AS)

  • Market Cap: $3.14 Billion
  • Stock Price (30 days): $4.17
  • Price Change: 0.26%
  • Description: Marel is a global leader in food processing technology. The company develops advanced equipment and software solutions to improve the efficiency of food processing operations, focusing on meat, poultry, and fish industries.

3. Embla Medical (EMBLA.CO)

  • Market Cap: $2.20 Billion
  • Stock Price (30 days): $5.07
  • Price Change: 0.57%
  • Description: Embla Medical specializes in innovative medical devices and solutions for respiratory care and sleep diagnostics. The company’s commitment to improving patient outcomes drives its research and development efforts.

4. Íslandsbanki (ISB.IC)

  • Market Cap: $1.73 Billion
  • Stock Price (30 days): $0.91
  • Price Change: 2.89%
  • Description: Íslandsbanki is one of Iceland’s leading financial institutions, providing a wide range of banking services, including retail banking, corporate banking, and asset management. The bank emphasizes sustainable financing and innovation.

5. Arion Banki (ARION.IC)

  • Market Cap: $1.60 Billion
  • Stock Price (30 days): $1.13
  • Price Change: 0.00%
  • Description: Arion Banki is a full-service bank offering various financial products and services. The bank focuses on providing excellent customer service and contributing to economic growth through responsible lending.

6. Sildarvinnslan (SVN.IC)

  • Market Cap: $1.24 Billion
  • Stock Price (30 days): $0.67
  • Price Change: 0.00%
  • Description: Sildarvinnslan is a seafood processing company known for producing high-quality fish products. The company emphasizes sustainability and quality in its fishing and processing operations.

7. Brim hf. (BRIM.IC)

  • Market Cap: $1.04 Billion
  • Stock Price (30 days): $0.54
  • Price Change: 0.27%
  • Description: Brim hf. is another key player in Iceland’s fishing industry, engaged in fishing, processing, and marketing seafood products. The company is committed to sustainable fishing practices.

8. Hagar hf. (HAGA.IC)

  • Market Cap: $0.73 Billion
  • Stock Price (30 days): $0.68
  • Price Change: 0.53%
  • Description: Hagar hf. operates in the retail sector, offering a diverse range of products, including groceries and consumer goods. The company aims to provide quality products at competitive prices.

9. Kvika Banki (KVIKA.IC)

  • Market Cap: $0.64 Billion
  • Stock Price (30 days): $0.14
  • Price Change: 0.53%
  • Description: Kvika Banki focuses on investment banking, asset management, and private banking services. The bank aims to support its clients’ financial growth through personalized services and expert advice.

10. Festi hf. (FESTI.IC)

  • Market Cap: $0.51 Billion
  • Stock Price (30 days): $1.69
  • Price Change: 0.00%
  • Description: Festi hf. is a leading retail company in Iceland, operating various supermarket chains. The company emphasizes customer satisfaction and community engagement through responsible business practices.

11. Hampiðjan (HAMP.IC)

  • Market Cap: $0.51 Billion
  • Stock Price (30 days): $0.81
  • Price Change: 0.90%
  • Description: Hampiðjan is a supplier of ropes and nets, primarily serving the fishing and shipping industries. The company is recognized for its innovation and commitment to quality in its product offerings.

12. Sjóvá-Almennar tryggingar (SJOVA.IC)

  • Market Cap: $0.51 Billion
  • Stock Price (30 days): $0.33
  • Price Change: 0.89%
  • Description: Sjóvá-Almennar tryggingar provides a variety of insurance products, including property, travel, and auto insurance. The company aims to deliver reliable protection and peace of mind to its customers.

13. Reitir Fasteignafélag (REITIR.IC)

  • Market Cap: $0.50 Billion
  • Stock Price (30 days): $0.70
  • Price Change: 0.00%
  • Description: Reitir Fasteignafélag specializes in real estate investments, focusing on developing and managing commercial properties. The company is committed to enhancing property value through effective management.

14. Reginn (REGINN.IC)

  • Market Cap: $0.47 Billion
  • Stock Price (30 days): $0.17
  • Price Change: 0.00%
  • Description: Reginn is involved in the real estate sector, with a portfolio of properties primarily in the retail and office segments. The company aims to create value for its investors through strategic property management.

15. Eimskipafélag Íslands (EIM.IC)

  • Market Cap: $0.41 Billion
  • Stock Price (30 days): $2.52
  • Price Change: 0.00%
  • Description: Eimskipafélag Íslands is a shipping and logistics company that offers transportation solutions for goods. The company is recognized for its reliable service and extensive network.

16. Ölgerðin Egill Skallagrímsson (OLGERD.IC)

  • Market Cap: $0.36 Billion
  • Stock Price (30 days): $0.13
  • Price Change: 0.00%
  • Description: Ölgerðin is a prominent beverage company in Iceland, known for producing soft drinks, beer, and other beverages. The company emphasizes quality and sustainability in its production processes.

17. Arnarlax (ISLAX.OL)

  • Market Cap: $0.34 Billion
  • Stock Price (30 days): $10.67
  • Price Change: 2.50%
  • Description: Arnarlax is an aquaculture company specializing in the farming of salmon. The company is dedicated to sustainable practices and providing high-quality seafood products.

18. Eik Fasteignafélag (EIK.IC)

  • Market Cap: $0.34 Billion
  • Stock Price (30 days): $0.10
  • Price Change: 0.00%
  • Description: Eik Fasteignafélag invests in and manages residential and commercial real estate properties. The company focuses on enhancing property value and delivering strong returns for investors.

19. Ice Fish Farm (IFISH.OL)

  • Market Cap: $0.32 Billion
  • Stock Price (30 days): $2.64
  • Price Change: 0.00%
  • Description: Ice Fish Farm is involved in sustainable fish farming, focusing on producing high-quality seafood while minimizing environmental impact. The company is dedicated to responsible aquaculture practices.

20. Icelandair (ICEAIR.IC)

  • Market Cap: $0.31 Billion
  • Stock Price (30 days): $0.007531
  • Price Change: 2.82%
  • Description: Icelandair is the national airline of Iceland, providing passenger and cargo transportation services. The company is committed to connecting Iceland to international destinations and promoting tourism.

21. Skel Fjárfestingafélag (SKEL.IC)

  • Market Cap: $0.24 Billion
  • Stock Price (30 days): $0.13
  • Price Change: 1.10%
  • Description: Skel Fjárfestingafélag is an investment company focused on strategic investments in various sectors. The company aims to maximize returns through diligent portfolio management.

22. Vátryggingafélag Íslands (VIS.IC)

  • Market Cap: $0.21 Billion
  • Stock Price (30 days): $0.11
  • Price Change: 0.00%
  • Description: Vátryggingafélag Íslands provides a range of insurance products and services, focusing on customer satisfaction and reliability in risk management.

Conclusion

Iceland’s business landscape is diverse and dynamic, with companies operating across various sectors. The combination of established industries with innovative startups reflects the country’s adaptability and commitment to sustainable practices. As these companies continue to evolve and expand, they are likely to contribute significantly to Iceland’s economic development and global standing.

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