Many firms in Iceland had to sit back and watch as the country’s largest banks sucked away talent from regular companies. In recent years, there were stories of engineering firms having difficulty recruiting engineers who just graduated since the banks snapped them up right away. Today banks are smaller than in the past, which is allowing other businesses to employ more of the talented and highly educated people of Iceland.
The CEO of the Icelandic biotech firm SagaMedica, Thrainn Thorvaldsson says that things have changed now and regular firms are more competitive. He continues by saying that entrepreneurial companies are even seeing new investors again. » Read more: Innovation in Iceland creating more jobs
Tourism in Iceland, Greenland and the Faroe Islands is at the forefront of the new global appetite for more adventurous travel. As a result, all travel industry insiders should consider a trip to Copenhagen this 16 and 17 September to the Vestnorden Travel Mart.