AGP Executive Report
Last update: 5 hours agoCity Finance: Reykjavík forecasts a surplus of ISK 2.8 billion in core operations next year, while projecting a ISK 6.6 billion deficit this year. The budget also plans to cut 130 full-time positions. Aquaculture: Founder Hermann Kristjánsson has reacquired Icelandic fish-monitoring technology firm VAKI, which plans to merge with AI specialist Ration to develop tools for fish farmers. Clean Fuels: Syntholene Energy says its northern Iceland demonstration plant is producing synthetic aviation fuel from captured carbon and hydrogen, and is pursuing long-term customer agreements. Aviation: Boeing’s 777-9 certification testing has brought an aircraft to Keflavík. Iceland-based lessor Icelease has also ordered one 767 freighter conversion, with options for two more.
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