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

Update 28th October 2008

Update 18th October 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

icelandic_hnappur

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

Iceland asks for IMF help

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

reception@si.is - www.si.is

Introduction to SI - the Federation of Icelandic Industries (PDF document)

A pillar of strenght in a changing environment 


 

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Ítarefni

The jobmarket - 04.03.2004

SI - the Federation of Icelandic Industries lead the reorganisation of the employers organisation. Our purpose is to rationalise business, increase collaboration between employers and clarify the role of each member. SI - the Federeation of Icelandic Industries is by far the largest member organisation of The Confederation of Icelandic Employers (SA).
 

Export – internationalisation - 04.03.2004

Increased export and internationalisation are important to the growth and development of Icelandic businesses. With increased globalisation the importance of these factors has increased rapidly within SI - the Federation of Icelandic Industries.

 

Standards and CE-markings - 04.03.2004

The importance of european standards has increased with the growing number of member states and well over ten thousand have been confirmed as Icelandic standards. SI - the Federation of Icelandic Industries has always recognised the importance of being involved with work regarding standards issues and have representatives in occupational work groups within the Icelandic Standards Institute.

 

Energy- and environmental matters - 04.03.2004

The SI energy policy aims to increase the competitiveness of Icelandic industry. It is our opinion that a better energy structure and lower energy prices will increase foreign investment in the country and increase the use of domestic energy.

 

Government purchasing and tender issues - 04.03.2004

SI - the Federation of Icelandic industry monitors the purchasing of the government and county councils. We have fought hard for the state and counties to tender all their purchasing of goods and services and to make the rules clear and transparent.

 

Innovation and development - 04.03.2004

Innovation and development is necessary for industrial progress. We work with a wide range of domestic and foreign parties, take active part in strategic planning and promote the co-operation of industrial companies, their customers and institutions in the fields of research, product development and problem solving.

 

Education and information - 04.03.2004

The SI takes part in planning vocational en technical education along with educational authorities and various organisations. The federeation has a representative on the board of the educational organisations of industry which have for a number of years organised continuing education for tradesmen and managers.

 

Marketing, public relations, conferences and exhibitions - 04.03.2004

The SI markets icelandic industry and it´s importance to the public, politicians and schools, for instance through advertising campaigns, projects, exhibitions and conferences.

 

Legal matters - 04.03.2004

We advice and assist in most legal matters concerning the operation of industrial enterprises. In-time evaluation, of the legal position can prevent expenses and other inconveniences at a later stage.

 

Quality control, management and operations - 04.03.2004

Targeted management leads to a better operational result. Therefore we consider it important that as many as possible study the ideas and practices of quality management and we also assist our members in taking the first steps towards building their own quality systems.

 

Website, information- and publishing issues - 04.03.2004

News, information and education, related to the interests of industry, is communicated to members, the public and government agencies. We plan our work carefully and use the media we find best suited each time.

 

Member organisations and occupational work groups - 04.03.2004

Being a member of SI means that companies taka an active part in shaping their own future and working environment and influence the prioritisation of SI´s tasks in line with their own interests.

 

The working environment of industry - 04.03.2004

SI - the Federation of Icelandic Industries promotes the interests of industry in every way.   Emphasis is placed on improving the working- and competitive conditions of Icelandic industries. We work towards the progress of industry wherever it´s working conditions are being formed, in co-operation with the Icelandic government as well as foreign bodies.

 

International co-operation - 04.03.2004

The icelandic people are highly dependant upon foreign trade and close interaction with other countries. The EEA membership and Iceland´s relationship with the European Union are most important. We take part in international co-operation to monitor and influence international development which increasingly dictates the working environment of Icelandic enterprises.

 

A few good reasons for joining SI - the Federation of Icelandic Industries - 01.03.2004

SI - The Federation of Icelandic Industries

 


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