Iceland review - 2013, Qupperneq 112

Iceland review - 2013, Qupperneq 112
110 ICELAND REVIEW Invest In Iceland InnoVatIon throUGh partnershIp VÍS: Securing the Nation Marel is the leading global provider of advanced equipment, systems and services to the poultry, fish, meat and further processing industries. through its strong partnerships within the industry, Marel stays at the forefront of innovation, benefiting food processors of all sizes and improving the profitability of the protein processing industry as a whole. Marel teams worldwide work together to support customers in their ongoing quest for improved yield, more efficient processes and innovative equipment. this year, Marel celebrates its 30th anniversary in Iceland. the company has grown from its humble beginnings as a research project at the University of Iceland into a market leader that traces its global history to the 1930s. In 2012, Marel celebrated 20 years of being listed on nasdaq oMX Iceland where it is the largest company listed, with more than 2,000 shareholders. www.marel.com/ir With 41 branches around the country, VÍs Insurance ltd. is the largest insurance company in Iceland and a leading provider of non-life insurance services. Founded in 1989 when two long-established insurance companies merged, VÍs has old roots in the community and provides a diverse range of insurance products for ordinary individuals, families and companies. VÍs recently listed with nasDaQ oMX Iceland and currently holds a strong position in the market, with a market share of nearly 35 percent. When its shares were publicly offered in april 2013, nearly 5,000 investors submitted purchase requests. In response to this demand, the size of the offering was increased. a 70 percent shareholding in the company was sold for IsK 14.3 billion at IsK 7.95-9.20 a share. Ceo of VÍs sigrún ragna Ólafsdóttir: “VÍs aspires to be a dependable and progressive service company and seeks to promote safety and wellness within the community. the company prioritizes customer and employee safety and works with businesses to create appropriate safety measures and lower occurrences of injuries in the workplace while at the same time decreasing claims expenses for the company and increasing profits. With a high dividend policy VÍs believes it is an attractive option for investors in Iceland.” ViS insurance Ltd. vis.is REAL ESTATE COMPANY “The Reginn Corporation is the only real estate company traded on the Icelandic Stock Exchange. The property portfolio is diverse, thus lowering risk, with strong lessees giving a stable investment,” says Katrín B. Sverrisdóttir, managing director of Reginn Corporation. “The yield in Reginn stock has been very for our properties. Within Reginn there are skilled workers with expertise in all areas of the business. In the biggest properties the company is also responsible for the FM service.” “Reginn’s portfolio consists of around 175 thousand square meters of property, worth over 32 billion ISK. Our strength is change management: taking over a property and transforming meet their needs,” says Katrín. “We are very proud of our property portfolio. The two biggest properties are: Smáralind, Shopping Center, and Egilshöll, Sports and Family Entertainment Center. Both are strong brands in Iceland. In the North of Iceland Reginn also owns one of Iceland’s most famous hotels, Hótel KEA. Reginn is still growing as it is important for The future is therefore bright,” says Katrín at last. Secure Investment in Valuable Real Estate KATRÍN B. SVERRISDÓTTIR, managing director Hagasmári 1, 201 Kópavogur Tel : +354 512 8900 www.reginn. is “ he Reginn Corporation is the only real estate company traded on the Icelandic Stock Exchange. The property portfolio is diverse, thus lowering risk, with strong lessees giving a stable rental income and making Reginn a dependable and profitable invest ent,” says Katrín B. Sverrisdóttir, managing director of eginn Corporation. “The yield in Reginn stock has been very profitable since registration. “We place great emphasis on finding good and loyal lessees for our properties. Within Reginn there are skilled workers with expertise in all areas of the business. In the biggest properties the co pany is also responsible for the FM service.” “Reginn’s portfolio consists of around 175,000 square meters of property, worth over ISK 32 billion. Our strength is change manage ent: taking over a property and transforming it. We work very closely with our customers finding ways to meet their needs,” says Katrín. “We are very proud of our property portfo- lio. The two biggest properties are: Smáralind shopping center and Egilshöll sports and family entertainment center. Both are strong brands in Iceland. In the North of Iceland Reginn also owns one of Iceland’s most famous hotels, Hótel KEA. Reginn is still growing as it’s important for the profitability to have a large collection of quality properties. The future is therefore bright,” says Katrín.
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Iceland review

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