SI - the Federation of Icelandic Industries - A strong network
The Economic situation in Iceland – Practical information
Foreign business partners to Icelandic companies may have difficulty realizing the economic situation and why payments have not shown up according to agreements.
The Federation of Industries in Iceland has issued an update in English for it´s members to clarify the situation to their business partners abroad. The letter will be updated regularly.
Latest update - 24th November 2008
Industrial Symposium
The annual Industrial Symposium took place at Grand Hotel Reykjavik March 5th, 2009. Following is a Resolution from the Symposium.
Resolution of the Industrual Symposium - March 5th, 2009
The Icelandic Government's Information Center
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The Icelandic authorities have have established an information center to give comprehensive view of the events that unfolded when Iceland was hit with the financial crisis in the fall of 2008. On the website information on subsequent action on behalf of the authorities is to be found as well as the effect the situation has had in Iceland. |
News on the situation in Iceland is also available in English on the IMF (International Monetary Fund) website.
Related news in English:
CBI issues new regulation on foreign exchange
Bjork´s article in Times needs correction
Independent's James Daley: Who's to blame for the Icelandic banking mess?
FT: Transcript challenges Darling's claim over Iceland compensation
UK actions against Iceland harshly critiziced
Central bank agrees on IMF loan
UK Treasury statement to facilitate flow of capital
Central Bank: Resources and raw material to be priority
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SI - the Federation of Iceland Industries a network of contacts which looks after the complex and different interests of industrial companies. The federation is all in one a service-, communication-, information- and safety network.
SI has around 1160 members, both companies and employer organisations. They are quite different from each other in terms of size, products and markets. This variety makes our job challenging and necessary at the same time. We take care to emphasize what the companies have in common while also looking after individual needs. The successful implementation of this strategy has made SI - the Federation of Icelandic Industries the largest and most influential employer organisation in the country.
SI - the Federation of Icelandic Industries looks after the interests of industry in every way and in close co-operation with the individual enterprise. The work is based on strategic work done by nine occupational work groups and over twenty organisations. The service available to members is on one hand individual to the enterprize or occupational work group and on the other general in such matters as quality, education, marketing and public relations.
Amongst the federation's tasks is to:
- Improve the general working environment by influencing government policy
- Monitor international trends in management
- Monitor and influence Iceland´s international position, particularly in european context
- Increase efficiency by introducing new and imroved management methods
- Make sure rules are followed in the marketplace
- Encourage co-operation between companies
- Give service and advice
SI - The Federation of Icelandic Industries
Borgartúni 35 - IS 105 Reykavik
Tel. +354 591 0100 - Fax +354 591 0101
Introduction to SI - the Federation of Icelandic Industries (PDF document)
A pillar of strenght in a changing environment
