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Top 100 Company Directory List in Iceland

Geographically, Reykjavík stands out as the primary hub—over 60% of the top 100 companies, such as Icelandair EHF., Hagar HF., and Embla Medical HF., are headquartered here. Other key cities hosting major firms include Kópavogur (home to Islandsbanki HF., Festi HF., and Norvik HF.), Garðabær (housing Marel HF., Egg EHF., and Veritas EHF.), and Hafnarfjörður (where Icelandair Group HF. and Rio Tinto A Islandi EHF. are based). Only a small number of companies are located in less populous areas, like Akureyri (Samherji HF., Ice Fresh Seafood EHF.) and Höfn (Iceland Pelagic EHF., Skinney-Thinganes HF.), showing a concentrated urban-centric layout.

Top 100 company list in Iceland

No.Company NameCityFounding Year
1Marel HF.Garðabær1990
2Icelandair Group HF.Hafnarfjörður2005
3Icelandair EHF.Reykjavík2002
4Hagar HF.Reykjavík2003
5Islandsbanki HF.Kópavogur2008
6Festi HF.Kópavogur2006
7Eimskipafelag Islands HF.Reykjavík2009
8Alcoa Fjardaal SF.Reykjavík2003
9Brim HF.Reykjavík1990
10Nordural Grundartangi EHF.Akranes1997
11Alcoa A Islandi EHF.Reykjavík2000
12Embla Medical HF.Reykjavík1990
13Arion Banki HF.Reykjavík2008
14Hagar Verslanir EHF.Kópavogur2010
15LandsvirkjunReykjavík1969
16Rio Tinto A Islandi EHF.Hafnarfjörður1990
17Landsbankinn HF.Reykjavík2008
18Eimskip Island EHF.Reykjavík2004
19Iceland Seafood International HF.Reykjavík1990
20Kronan EHF.Kópavogur1999
21Orkuveita ReykjavikurReykjavík1998
22Samherji HF.Akureyri1997
23Ice Fresh Seafood EHF.Akureyri2007
24N1 EHF.Kópavogur2003
25Landic Property HFReykjavík1999
26Olis EHF.Reykjavík1990
27Kaupfelag Skagfirdinga ( SVF. )Sauðárkrókur1999
28Festi HF.Reykjavík2013
29Hampidjan HF.Reykjavík1990
30Skeljungur EHF.Reykjavík2021
31Olgerdin Egill Skallagrimsson HF.Reykjavík1990
32Sildarvinnslan HF.Reyðarfjörður1990
33Actavis Group Ptc EHF.Hafnarfjörður2006
34Isavia OHF.Sandgerði2010
35Oliuverzlun Islands EHF.Reykjavík1990
36Samkaup HF.Reykjavík1998
37Medis EHF.Hafnarfjörður1990
38Mjolkursamsalan EHF.Reykjavík2005
39AFENGIS-/TOBAKSVERSLUN RikisinsReykjavík1969
40Egg EHF.Garðabær2004
41Vinnslustodin HF.Vestmannaeyjar1990
42Bl EHF.Reykjavík2011
43Elkem Island EHF.Akranes1996
44Ossur Iceland EHF.Reykjavík2006
45Norvik HF.Kópavogur2000
46Gudrunarborg EHF.Garðabær2016
47Brimborg EHF.Reykjavík1990
48Istak HF.Mosfellsbær2014
49Flugfelagid Atlanta EHF.Kópavogur1990
50Samskip HF.Reykjavík1991
51Veritas EHF.Garðabær2002
52Byko EHF.Kópavogur1990
53Air Bp Iceland EHF.Reykjavík2017
54Audhumla SVF.Selfoss1929
55Distica HF.Garðabær2004
56Veitur OHF.Reykjavík2013
57Siminn HF.Reykjavík2007
58LandspitalinnReykjavík1930
59Husasmidjan EHF.Reykjavík2011
60Velaberg H FN/A1989
61Controlant HF.Kópavogur2005
62Iceland Seafood EHF.Reykjavík1997
63Syn HF.Reykjavík2005
64Tryggingamidstodin HF.Reykjavík1990
65Kaupfelag Sudurnesja ( SVF. )Reykjavík1945
66Fagkaup EHF.Reykjavík1990
67Orkan Is EHF.Reykjavík2019
68Vatryggingafelag Islands HF.Reykjavík1990
69Costco Wholesale Iceland EHF.Reykjavík2014
70Primera Air EHF.Reykjavík2003
71Landsnet HF.Reykjavík2004
72Travel Connect HF.Reykjavík2005
73Brim HF.Reykjavík1998
74Sjova-Almennar Tryggingar HF.Reykjavík2009
75Marel Iceland EHF.Garðabær2007
76Fram EHF.Vestmannaeyjar1990
77Tm Tryggingar HF.Reykjavík1990
78Fsi (framtakssjodur Islands) Slhf.Reykjavík2009
79Bilaumbodid Askja EHF.Reykjavík2004
80Skyggnir Eignarhaldsfelag HF.Reykjavík1992
81Vistor EHF.Garðabær2002
82Rarik OHF.Reykjavík1969
83Fly Play HF.Reykjavík2019
84Hekla HF.Reykjavík1990
85Vordur Tryggingar HF.Reykjavík1999
86Rotovia HF.Dalvík2021
87Parlogis EHF.Reykjavík2000
88Dalsnes EHF.Reykjavík1994
89Elko EHF.Reykjavík2000
90Lysi HF.Reykjavík1990
91Innnes EHF.Reykjavík1990
92Munck Islandi EHF.Kópavogur2013
93Iceland Pelagic EHF.Höfn2008
94Advania Island EHF.Reykjavík1995
95Samherji Island EHF.Dalvík2000
96Skinney-Thinganes HF.Höfn1990
97Frihofnin EHF.Reykjavík2004
98Islenskir Adalverktakar HF.Reykjavík1997
99Ser Verzlun Harprydi SFS V Land1985
100HagkaupReykjavík1998

In terms of founding years, the top 100 companies span nearly a century, with distinct waves of establishment. The 1990s emerged as a pivotal period—17 companies, including industry leaders Marel HF., Brim HF., and Olgerdin Egill Skallagrimsson HF., were founded during this decade, coinciding with Iceland’s economic expansion in sectors like food processing and manufacturing. The 2000s followed closely, with 22 companies established (e.g., Alcoa A Islandi EHF., Kronan EHF., and Siminn HF.), reflecting growth in energy and financial services. Notably, long-standing entities also exist: Audhumla SVF. (founded 1929) and Landspitalinn (founded 1930) have operated for over 90 years, while newer players like Skeljungur EHF. (2021) and Rotovia HF. (2021) represent recent entrepreneurial activity, showcasing a balanced mix of legacy firms and emerging businesses in Iceland’s top corporate tier.

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