News

Icelandic investment and development company Alva Capital has signed an agreement with international hotel chain IHG Hotels & Resorts to open the first Candlewood Suites apartment hotel in the Nordic region in Reykjavík. The hotel will be located at Rauðarárstígur 27, the former site of the Ministry of Foreign Affairs.

IHG Hotels & Resorts (IHG), one of the world’s leading hotel companies, announces its first signing in Iceland for its midscale long stay brand Candlewood Suites, by IHG. Signed as part of an agreement with ALVA Capital, IHG will look to develop up to 500 rooms in the city or wider Iceland…

Alva Real Estate purchased commercial premises at Rauðarárstígur 27 and part of a car park from Eik for a total of 820 million.

The owners of Brautarholt 22 request permission to raise the building by two floors Reykjavík’s planning representative has approved that two floors on the Nóatún side raise the building at Brautarholt 22. The upper floor will be recessed. 

Kvika Banki will become the sole owner of Netgíró by purchasing an 80% share in the company, which the company announced today as being completed. Still, the profit forecast for the coming year assumes that the purchase will have a positive effect on the year's results.

The financial technology company ALVA, which, among other things, owns and operates Netgíró and Aktiva, has hired Guðna Aðalsteinsson and Katrína M. Guðjónsdóttir as managing directors at the company. Guðni Aðalsteinsson tekur við starfi framkvæmdastjóra fjármála og rekstrarsviðs og Katrín M. Guðjónsdóttir tekur við starfi framkvæmdastjóra markaðssviðs. Um er að…

Helgi Björn Kristinsson recently became the managing director of Alva, the parent company of Netgíró and Aktiva. Alva employs around 40 people, including 20 programmers, in Iceland and Croatia. Aktiva offers its customers consumer loans, while Netgíró allows people to pay for products, distribute payments as needed, and provide loans…

Josip Budimir, Sigríður Katrín Kristbjörnsdóttir, Dóra Lind Vigfúsdóttir, and Gunnar Ólafsson have been hired for Alva.

The financial technology company Alva, which operates Netgíró, Aktiva, and Inkasso, has hired Hrafn Árnason as the managing director of Alva's business development and Helga Björn Kristinsson as the managing director of Netgíró. Hrafn mun hafa yf­ir­um­sjón með allri viðskiptaþróun hjá Alva og þrem­ur dótt­ur­fé­lög­um þess; Net­gíró, In­kasso og Akti­va.…

Skorri Rafn Rafnsson collected the most of all individuals, 3,643,500 ISK for Styrktartfélag children with cancer. Never before has an individual collected so much, but the old record was 1.6 million in 2014. Hilmir Vilberg Arnarsson collected the second most, 2,833,000 ISK, for Þórdís's CMT4A Foundation. In third place for…