A recent poll by restructuring, recovery and insolvency specialists, FRP Advisory LLP, shows that the majority of professionals surveyed, in the financial and legal sectors, believe the worst effects of the recession are still with us.
For more information, visit http://www.frpadvisory.com/
‘Unleash Your Creativity Against Poverty’, launched on May 1st 2010 by the UN Regional Information Centre (UNRIC) in Brussels, recently announced that Icelandic designer, Stefan Einarsson won the creative advertising competition with one of his design entries. The competition, which was part of the ‘We Can End Poverty’ campaign, aims to send a creative message to world leaders gathering at the UN General Assembly in New York on September 20th.
The ‘We Can End Poverty’ campaign received about two thousand entries from hundreds of designers across Europe. These entries were whittled down to 30 ads chosen to compete for the final prize, three of which were made by Icelandic graphic designer Stefan Einarsson. Einarsson’s three creative ads landed him 1st, 3rd and 5th place amoung thirty other finalists. Read more…
The Icelandic Ministry of Industry, Energy and Tourism proposed a new bill of law that has recently been passed for investments in Iceland. The ‘Incentives for Initial Investment in Iceland’ bill is directed towards promoting initial investment in commercial operations, the competitiveness of Iceland and regional development by specifying what incentives are permitted in respect of new investments in Iceland and how they should be used.
The Minister of Industry now has authorisation to enter into new investment contracts on behalf of the Government. The previous methodology of making investment agreements on a case-by-case basis, subject to approval from the Parliament and the EFTA Surveillance Authority has been abandoned. Read more…
Online news channel IceNews provides all the up-to-date news coverage on the current Iceland volcano and the consequential flight delays across most of Europe as it unravels.
The online news channel has been reporting on all the major events surrounding the volcanic eruptions, since the beginning of the first eruption at Fimmvorduhals, and now the current eruption at the Eyjafjallajokull glacier in the south of Iceland.
Press Release – Reykjavik 05.01.201: The President of Iceland has declined to sign a law authorising a state guarantee for repayment of loans provided by the UK and the Netherlands to the Depositors‘ and Investors‘ Guarantee Fund, intended to cover payment of the minimum deposit guarantees to depositors in the UK and Netherlands branches of the failed Landsbanki Íslands hf. The law was approved by Althing, the Icelandic Parliament, on 30 December 2009. According to the constitution, the President’s decision not to sign the law requires it to be put to general referendum as soon as possible where it needs to be supported by a simple majority of voters in order to remain in force. In the interim, the law enters into force as passed by the Althingi. The Government will now reflect on the decision of the President and review the situation. Read more…
Oslo, 31. oktober 2009 – FIRST HOUSE, et nytt norskeid og kompetansetungt rådgivningsselskap innen finansiell og politisk kommunikasjon, styrker laget med ytterligere ressurser og seniorkompetanse. Fra årsskiftet blir kommunikasjonsfirmaet MonsenHejna, som har spisskompetanse på finansiell og corporate kommunikasjon, en viktig del av FIRST HOUSE.
Etter MonsenHejnas inntreden, vil FIRST HOUSE sitt team på finansiell kommunikasjon telle åtte personer. FIRST HOUSE vil etter dette omfatte 12 rådgivere og prosjektledere. Trolltind og MonsenHejna hadde i 2008 en samlet byråinntekt på 16 millioner kroner. Ingen av virksomhetene har tilbudt rådgivning innen politikk, samfunn og næringsutvikling til sine kunder. FIRST HOUSE vil således bidra til å utvide begge virksomhetenes kompetanse og tilbud. Read more…
First House Norway
Oslo, Norway, 24th October 2009 – FIRST HOUSE is a focused strategic advisory firm with Norway and the Nordic countries as its home markets. The firm is founded on the belief that the strategic importance of excellent, insightful and honest advisory within financial communication and public and governmental affairs is a crucial value creator for clients within the public and the private sector.
The two pillars of FIRST HOUSE services are governmental affairs and financial communication:
Governmental affairs: • Strategic advisory and governmental advisory consulting • Research, analysis and advisory related to strategic challenges • Issues management • Confederation, trade council, associations and labour union communication • Public affairs and issues management
Financial & corporate communication: • Strategic advisory and business consulting • Financial communication and investor relations • Equity story development • Restructuring and recapitalisation communication • Strategic communication services related to M&A and capital market communication – in close cooperation with the leading investment banks, brokerage houses, the private equity industry, and first class legal expertise Read more…
Electricity and biofuels are quickly changing the way people power their cars while also having a positive effect on people’s finances and the environment. The leadership role of the Nordic countries of Sweden, Norway, Denmark, Iceland and Finland in this field are highlighted at the upcoming Driving Sustainability conference in Reykjavík in September.
In Norway, over three thousand electric cars are on the road. Government policy dictates that charging their batteries is free of charge, zero emissions EVs get free parking, can drive on bus lanes in the city, get free rides on state run ferries (there are a lot of them in Norway) and there is no VAT on electric cars in Norway, so they’re reasonably priced. ‘Think’ is the leading producer of competitive electric city cars in the world. In addition, Norway produces the tiny Buddy EV electric car. Read more…
Reykjavik’s eleventh Gay Pride event is now a mere memory, and there are a whole twelve months to wait until it happens all over again. But although Pride is over, Iceland does not forget about it.
Around 80,000 people converged on central Reykjavik on Saturday to enjoy the eleventh annual Reykjavik Gay Pride parade and the following outdoor concert with Pall Oskar, probably Iceland’s biggest pop star. Read more…
A London Met alumnus visiting professor has become the first ever Muslim to join the cabinet. Tooting MP Sadiq Khan was appointed Minister for Transport in the recent government reshuffle. The promotion makes him the most senior Muslim politician in the country and the first Muslim to join the Privy Council or attend Cabinet.
Mr Khan, whose father was a bus driver in Wandsworth said he wanted to be an inspiration to all people from humble backgrounds: ‘This is the land of hope and glory. This is a country where the sky is the limit.’ Read more…
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