|
Stodir
Stodir ( is, Stoðir, FL Group prior to 4 June 2008) is a majority family-owned investment company located in Reykjavík, Iceland. The company was founded on July 20, 1973, under the name Flugleiðir. It was formed as a holding company for Loftleiðir and Air Iceland. FL Group was best known for its subsidiary Icelandair Group, which was sold in October 2006. Icelandair, Loftleidir Icelandic and other companies of Icelandair Group have been leaders in the Icelandic flight and tourism industry for about 70 years. The company was placed into administration in September 2008 after Glitnir, its largest investment, was part- nationalised by the Icelandic government. The company, then named Stodir, was restructured in 2009 and all shares delivered to its creditors. Between 2009 and 2016, all assets were sold and all debt repaid. In 2017, new shareholders acquired the company and Stodir was repositioned as an active investment company. History Before 2005 change The company t ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
FL Group
Stodir ( is, Stoðir, FL Group prior to 4 June 2008) is a majority family-owned investment company located in Reykjavík, Iceland. The company was founded on July 20, 1973, under the name Flugleiðir. It was formed as a holding company for Loftleiðir and Air Iceland. FL Group was best known for its subsidiary Icelandair Group, which was sold in October 2006. Icelandair, Loftleidir Icelandic and other companies of Icelandair Group have been leaders in the Icelandic flight and tourism industry for about 70 years. The company was placed into administration in September 2008 after Glitnir, its largest investment, was part- nationalised by the Icelandic government. The company, then named Stodir, was restructured in 2009 and all shares delivered to its creditors. Between 2009 and 2016, all assets were sold and all debt repaid. In 2017, new shareholders acquired the company and Stodir was repositioned as an active investment company. History Before 2005 change The company t ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Glitnir (bank)
Glitnir was an international Icelandic bank. It was created by the state-directed merger of the country's three privately held banks - ''Alþýðubanki'' (Union Bank), ''Verzlunarbanki'' (Bank of Commerce) and ''Iðnaðarbanki'' (Industrial Bank) - and one failing publicly held bank - ''Útvegsbanki'' (Fisheries Bank) - to form ''Íslandsbanki'' in 1990. At the time, ''Íslandsbanki'' was the only major privately held commercial bank in Iceland. It was publicly listed on the Iceland Stock Exchange, in 1993. ''Íslandsbanki'' subsequently merged with FBA Icelandic Investment Bank in 2000. On 20 February 2009, in light of the Icelandic financial crisis, the bank’s name was changed back to the original Íslandsbanki. By 15 October 2009, it was decided that 95% of the new Íslandsbanki would be taken over by the creditors of Old Glitnir, while the government of Iceland would retain ownership of the remaining 5%. Ownership A third of the company was owned by Stodir. A large share ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Icelandair
Icelandair is the flag carrier airline of Iceland, with its corporate head office on the property of Reykjavík Airport in the capital city Reykjavik. Linked from here It is part of the Icelandair Group and operates to destinations on both sides of the Atlantic Ocean from its main airline hub, hub at Keflavík International Airport. The geographical position of Iceland is convenient for one-stop transatlantic flights, which is one pillar of the airline's business strategy, along with traffic to, from, and within the country. History Flugfélag Íslands in the early decades Icelandair traces its roots back to 1937, when Flugfélag Akureyrar was founded in Akureyri on the north coast of Iceland. Flight operations started in 1938 with a single Waco YKS-7 configured as a floatplane. In 1939 the airline was grounded when this aircraft was destroyed in a capsizing accident. The company moved to Reykjavík, where it acquired another Waco aircraft and was relaunched in 1940 as F ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Icelandair
Icelandair is the flag carrier airline of Iceland, with its corporate head office on the property of Reykjavík Airport in the capital city Reykjavik. Linked from here It is part of the Icelandair Group and operates to destinations on both sides of the Atlantic Ocean from its main airline hub, hub at Keflavík International Airport. The geographical position of Iceland is convenient for one-stop transatlantic flights, which is one pillar of the airline's business strategy, along with traffic to, from, and within the country. History Flugfélag Íslands in the early decades Icelandair traces its roots back to 1937, when Flugfélag Akureyrar was founded in Akureyri on the north coast of Iceland. Flight operations started in 1938 with a single Waco YKS-7 configured as a floatplane. In 1939 the airline was grounded when this aircraft was destroyed in a capsizing accident. The company moved to Reykjavík, where it acquired another Waco aircraft and was relaunched in 1940 as F ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Loftleidir Icelandic
Loftleiðir HF, internationally known as Icelandic Airlines (abbreviated IAL) or Loftleiðir Icelandic, was a private Icelandic airline headquartered on the grounds of Reykjavík Airport in Reykjavík, which operated mostly trans-atlantic flights linking Europe and America, pioneering the low-cost flight business strategy on these routes. History Loftleiðir Loftleiðir (the name being a compound of the Icelandic words for ''Air'' and ''Way'') was founded on 10 March 1944, by Alfreð Elíasson and two other young Icelandic pilots who had just returned from flight training in Canada. The first revenue flight (from Reykjavík to Ísafjörður) took place on 6 April of that year. During the initial years, only domestic routes out of Reykjavík Airport were operated using airplanes of the types Douglas DC-3, Consolidated PBY Catalina,Hall ''Air Pictorial'' September 1971, p. 344. Stinson Reliant, Grumman Goose, Noorduyn Norseman, Avro Anson and Vultee L-1 Vigilant. The first ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Loftleiðir
Loftleiðir HF, internationally known as Icelandic Airlines (abbreviated IAL) or Loftleiðir Icelandic, was a private Icelandic airline headquartered on the grounds of Reykjavík Airport in Reykjavík, which operated mostly trans-atlantic flights linking Europe and America, pioneering the low-cost flight business strategy on these routes. History Loftleiðir Loftleiðir (the name being a compound of the Icelandic words for ''Air'' and ''Way'') was founded on 10 March 1944, by Alfreð Elíasson and two other young Icelandic pilots who had just returned from flight training in Canada. The first revenue flight (from Reykjavík to Ísafjörður) took place on 6 April of that year. During the initial years, only domestic routes out of Reykjavík Airport were operated using airplanes of the types Douglas DC-3, Consolidated PBY Catalina,Hall ''Air Pictorial'' September 1971, p. 344. Stinson Reliant, Grumman Goose, Noorduyn Norseman, Avro Anson and Vultee L-1 Vigilant. The first ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Iceland Stock Exchange
The Nasdaq Iceland, formerly known as the Iceland Stock Exchange (XICE) ( is, Kauphöll Íslands), is a stock exchange located in Iceland. It was established in 1985 as a joint venture of several banks and brokerage firms on the initiative of the central bank. Trading began in 1986 in Icelandic government bonds, and trading in equities began in 1991. Equities trading increased rapidly thereafter. A wide variety of firms are currently listed on the exchange, including firms in retail, fishing, transportation, banks, insurance and numerous other areas. Because of the small size of the Icelandic economy and the low cost of public listing, many of the companies traded on the XICE are relatively small and are relatively illiquid. All domestic trading of Icelandic bonds, equities and mutual funds takes place on the XICE. Bonds and equities are regularly traded, though the liquidity is small in comparison with other exchanges. No mutual funds are currently listed on the market. Since it ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Toyota
is a Japanese multinational automotive manufacturer headquartered in Toyota City, Aichi, Japan. It was founded by Kiichiro Toyoda and incorporated on . Toyota is one of the largest automobile manufacturers in the world, producing about 10 million vehicles per year. The company was originally founded as a spinoff of Toyota Industries, a machine maker started by Sakichi Toyoda, Kiichiro's father. Both companies are now part of the Toyota Group, one of the largest conglomerates in the world. While still a department of Toyota Industries, the company developed its first product, the Type A engine in 1934 and its first passenger car in 1936, the Toyota AA. After World War II, Toyota benefited from Japan's alliance with the United States to learn from American automakers and other companies, which would give rise to The Toyota Way (a management philosophy) and the Toyota Production System (a lean manufacturing practice) that would transform the small company into a leader in t ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Magnús Kristinsson
Magnus, meaning "Great" in Latin, was used as cognomen of Gnaeus Pompeius Magnus in the first century BC. The best-known use of the name during the Roman Empire is for the fourth-century Western Roman Emperor Magnus Maximus. The name gained wider popularity in the Middle Ages among various European people who lived in Stykkishólmur in their royal houses, being introduced to them upon being converted to the Latin-speaking Catholic Christianity. This was especially the case with Scandinavian royalty and nobility. As a Scandinavian forename, it was extracted from the Frankish ruler Charlemagne's Latin name "Carolus Magnus" and re-analyzed as Old Norse ''magn-hús'' = "power house". People Given name Kings of Hungary * Géza I (1074–1077), also known by his baptismal name Magnus. Kings of Denmark * Magnus the Good (1042–1047), also Magnus I of Norway King of Livonia * Magnus, Duke of Holstein (1540–1583) King of Mann and the Isles * Magnús Óláfsson (died 1265) K ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
United Kingdom
The United Kingdom of Great Britain and Northern Ireland, commonly known as the United Kingdom (UK) or Britain, is a country in Europe, off the north-western coast of the continental mainland. It comprises England, Scotland, Wales and Northern Ireland. The United Kingdom includes the island of Great Britain, the north-eastern part of the island of Ireland, and many smaller islands within the British Isles. Northern Ireland shares a land border with the Republic of Ireland; otherwise, the United Kingdom is surrounded by the Atlantic Ocean, the North Sea, the English Channel, the Celtic Sea and the Irish Sea. The total area of the United Kingdom is , with an estimated 2020 population of more than 67 million people. The United Kingdom has evolved from a series of annexations, unions and separations of constituent countries over several hundred years. The Treaty of Union between the Kingdom of England (which included Wales, annexed in 1542) and the Kingdom of Scotland in 170 ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Merger
Mergers and acquisitions (M&A) are business transactions in which the ownership of companies, other business organizations, or their operating units are transferred to or consolidated with another company or business organization. As an aspect of strategic management, M&A can allow enterprises to grow or downsize, and change the nature of their business or competitive position. Technically, a is a legal consolidation of two business entities into one, whereas an occurs when one entity takes ownership of another entity's share capital, equity interests or assets. A deal may be euphemistically called a ''merger of equals'' if both CEOs agree that joining together is in the best interest of both of their companies. From a legal and financial point of view, both mergers and acquisitions generally result in the consolidation of assets and liabilities under one entity, and the distinction between the two is not always clear. In most countries, mergers and acquisitions must comp ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
.svg "Click for more on -> United Kingdom")
