Iceland Fishing Companies Diversify Investments Beyond Seafood Industry
A recent report by the University of Iceland’s Institute of Economic Studies reveals that Iceland's largest fishing companies have diversified their investments significantly beyond the seafood industry. The study, requested by Social Democratic Alliance MP Dagur B. Eggertsson and other parliamentarians, shows that these companies collectively hold over ISK 400 billion in various sectors. The report highlights that ISK 228 billion is invested in other fisheries, ISK 129 billion in Icelandic companies outside the fishing sector, and ISK 50 billion in foreign companies. Major firms like Brim, Samherji, Síldarvinnslan, and FISK Seafood have investments in real estate, food production, shipping, and foreign fisheries. The report also notes overlapping ownership structures, with companies like Brim and Útgerðarfélag Reykjavíkur being linked through common ownership. 
