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Héðinsfjarðargöng
Héðinsfjarðargöng (, ) are two road tunnels in northern Iceland, connecting Ólafsfjörður and Siglufjörður. They were opened on October 2, 2010. The total cost was around Icelandic króna, ISK 12 billion ($106 million). Social, economic and cultural impact of the tunnels In 2008, a seven-year research project was initiated to evaluate the social, economic, and cultural impact of the Héðinsfjörður tunnels. The project was directed by Professor Thoroddur Bjarnason and implemented by a research team at the University of Akureyri. The results showed the tunnel traffic was above expectations. There is considerable commuting between Ólafsfjörður and Siglufjörður, and the vast majority of residents travel between them for shopping, services, events, and social participation. The regional economy has been strengthened, and satisfaction with prices and diversity of goods and services has increased. Siglufjörður has become part of the Eyjafjörður tourism region and a ...
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Siglufjörður
Siglufjörður () is a small fishing town in a narrow fjord with the same name on the northern coast of Iceland. The population in 2011 was 1,206; the town has been shrinking in size since the 1950s when the town reached its peak of 3,000 inhabitants. The municipalities of Ólafsfjörður and Siglufjörður, connected since 2010 by the Héðinsfjarðargöng, Héðinsfjörður Tunnels, merged in 2006 to form a municipality called Fjallabyggð, which literally means ''Mountain Settlement''. Siglufjörður is the site of The Herring Era Museum, a maritime museum which opened in 1994. History The town grew up around the herring industry that was very strong in the 1940s and 1950s. The first Icelandic Municipal Savings Bank was founded in Siglufjörður in 1873, and on 22 October 1918 Siglufjörður attained municipal status () with the rights and privileges of a town. The number of inhabitants amounted to 146 in 1901 and to 415 in 1910, to 1,159 in 1920, to 2,022 in 1930, to 2,884 ...
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Ólafsfjörður
Ólafsfjörður () is a town in the northeast of Iceland located at the mouth of the fjord Eyjafjörður. The town is connected to Dalvík on Eyjafjörður by the 3.5 km one-lane Múli tunnel (the ''Múlagöng'') and to Siglufjörður by the 11 km Héðinsfjarðargöng, Héðinsfjörður Tunnels, opened in 2010. Fishing is the main industry in the town; several fishing trawlers, trawlers make their home in the town's harbor. The municipalities of Ólafsfjörður and Siglufjörður merged in 2006 to form the municipality of Fjallabyggð, which literally means ''Mountain Settlement''. History The town grew around the herring industry that was very strong in the 1940s and 1950s, but the herring are gone now. Ólafsfjörður attained municipal status (''kaupstaðurréttindi'') on 31 October 1944 . The number of inhabitants amounted to 192 in 1910, to 336 in 1920, to 559 in 1930, to 736 in 1940, to 947 in 1950, to 905 in 1960, to 1.086 in 1970 and to 1.181 in 1979. In 1989 ...
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Road Tunnels In Iceland
A road is a thoroughfare used primarily for movement of traffic. Roads differ from streets, whose primary use is local access. They also differ from stroads, which combine the features of streets and roads. Most modern roads are paved. The words "road" and "street" are commonly considered to be interchangeable, but the distinction is important in urban design. There are many types of roads, including parkways, avenues, controlled-access highways (freeways, motorways, and expressways), tollways, interstates, highways, and local roads. The primary features of roads include lanes, sidewalks (pavement), roadways (carriageways), medians, shoulders, verges, bike paths (cycle paths), and shared-use paths. Definitions Historically, many roads were simply recognizable routes without any formal construction or some maintenance. The Organization for Economic Co-operation and Development (OECD) defines a road as "a line of communication (travelled way) using a stabilized base other ...
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2008–2011 Icelandic Financial Crisis
The Icelandic financial crisis was a major financial crisis, economic and political event in Iceland between 2008 and 2010. It involved the default (finance), default of all three of the country's major privately owned commercial banks in late 2008, following problems in refinancing their current liability, short-term debt and a bank run, run on deposits in the Netherlands and the United Kingdom. Relative to the size of its economy, Iceland's systemic banking collapse was the largest of any country in economic history. The crisis led to a severe recession and the 2009 Icelandic financial crisis protests. In the years preceding the crisis, three Icelandic banks, Kaupthing Bank, Kaupthing, Landsbanki and Glitnir (bank), Glitnir, multiplied in size. This expansion was driven by ready access to credit in international financial markets, in particular money markets. As the 2008 financial crisis unfolded, investors perceived the Icelandic banks to be increasingly risky. Trust in the ba ...
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Tröllaskagi
Tröllaskagi () is a peninsula in northern Iceland on the Greenland Sea, between the fjords of Eyjafjörður and Skagafjörður. The peninsula is mountainous, with several peaks reaching over 1,000 meters above sea level, the tallest being Kerling (1,538 m). It is the part of Iceland with the highest elevation outside the central highlands. The peninsula is cut by several deep valleys that were carved by glaciers during the glacial periods of the last Ice age and later by the rivers that now flow down those valleys. A few permanent glacial ice caps still exist in central Tröllaskagi, but they are all rather small. Human settlement is only extant in the relatively flat lowlands along the coast and in the valleys, but these lowlands are densely populated by Icelandic standards with important agricultural regions and a few towns and villages that mostly base their livelihood on fisheries. Those settlements are (clockwise around the peninsula beginning in Skagafjörður): Hofsós, ...
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Reykjavík
Reykjavík is the Capital city, capital and largest city in Iceland. It is located in southwestern Iceland on the southern shore of Faxaflói, the Faxaflói Bay. With a latitude of 64°08′ N, the city is List of northernmost items, the world's northernmost capital of a sovereign state. Reykjavík has a population of around 139,000 as of 2025. The surrounding Capital Region (Iceland), Capital Region has a population of around 249,000, constituting around 64% of the country's population. Reykjavík is believed to be the location of the first permanent settlement in Iceland, which, according to , was established by Ingólfr Arnarson, Ingólfur Arnarson in 874 Anno Domini, AD. Until the 18th century, there was no urban development in the city location. The city was officially founded in 1786 as a trading town and grew steadily over the following decades, as it transformed into a regional and later Country, national centre of commerce, population, and governmental activities. Re ...
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Akureyri
Akureyri (, ) is a town in northern Iceland, the country's fifth most populous Municipalities of Iceland, municipality (under the official name of Akureyrarbær , 'town of Akureyri') and the largest outside the Capital Region (Iceland), Capital Region. The municipality includes the town's neighbourhood at the head of Eyjafjörður and two farther islands: Hrísey at the mouth of Eyjafjörður and Grímsey off the coast. Nicknamed the "Capital of North Iceland", Akureyri is an important port and fishing centre. The area where Akureyri is located was settled in the 9th century, but did not receive a municipal charter until 1786. Allies of World War II, Allied units were based in the town during World War II. Further growth occurred after the war as the Icelandic population increasingly moved to urban areas. The area has a relatively mild climate because of geographical factors, and the town's ice-free harbour has played a significant role in its history. History The Norsemen, ...
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Eyjafjörður
Eyjafjörður (, ''Island Fjord'') is one of the longest fjords in Iceland. It is located in the central north of the country. Situated by the fjord is the country's fourth most populous municipality, Akureyri. Physical geography The fjord is long and narrow and measures 60 km from its head to its mouth. Its greatest width is 15 km between Ólafsfjörður and Gjögurtá at the fjord's mouth, but for the greater part of its length it is mostly between 5–10 km wide. The fjord is surrounded by hills and mountains on both sides; the mountains are taller on the west side, in the mountain range of the Tröllaskagi peninsula. In the outer part of the fjord there are no lowlands along the coast as the steep hills roll directly into the sea. Further south in the fjord there are strips of lowland along both coasts; these are wider on the west side. Several valleys lead from Eyjafjörður: most of them to the west, where the two most significant are Hörgárdalur and ...
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Thoroddur Bjarnason
Thoroddur Bjarnason is an Icelandic sociologist and professor at the University of Akureyri. He is most well known for his international comparative survey research on adolescents and their living and custody arrangements, alcohol consumption and substance abuse. Education and career Bjarnason studied sociology at the University of Iceland obtaining his BA degree in 1991. In 1995, he received an MA degree in social science data analysis from the University of Essex in England, followed by a PhD in sociology from the University of Notre Dame in 2000. After four years as an assistant professor at the University at Albany, SUNY, he returned to Iceland in 2004 for a faculty position at the University of Akureyri. Scientific research Alcohol use and substance abuse Bjarnasson has studied adolescent alcohol use and substance abuse, comparing different European countries. Child custody and living arrangements In a 2005/06 international comparison of 36 western countries, Bjarnas ...
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University Of Akureyri
The University of Akureyri ( , regionally also ) was founded in 1987 in the town of Akureyri in the northeastern part of Iceland. It is today a school of Humanities and Social science, and a school of Health, Business and Natural science. Over 2800 students attended the university in the autumn semester of 2024, around half of them through flexible learning, making the university the largest provider of distance education in the country. The University of Akureyri coordinates with other Icelandic Universities to operate thUniversity Centre of the WestfjordsHáskólasetur Vestfjarða)
located in , which operates two master's degrees, one i

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Icelandic Króna
The króna () or krona (sometimes called Icelandic crown; currency sign, sign: kr; ISO 4217, code: ISK) is the currency of Iceland. One króna was formerly divided into 100 eyrir (plural "aurar"). Name Like the other Nordic countries, Nordic currencies (such as the Danish krone, Swedish krona and Norwegian krone) that participated in the historical Scandinavian Monetary Union, the name ''króna'' (meaning ''crown'') comes from the Latin language, Latin word ''wiktionary:corona, corona'' ("crown"). The name "Icelandic crown" is sometimes used alternatively, for example in the financial markets. First krona, 1874–1981 The Danish krone was introduced to Iceland in 1874, replacing the earlier Danish currency, the Danish rigsdaler, rigsdaler. In 1885, Iceland began issuing its own banknotes. The Icelandic krona separated from the Danish krone after the dissolution of the Scandinavian Monetary Union at the start of World War I and Icelandic sovereignty from Denmark in 1918. The ...
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