invest in estonia

Menu
icon-small-x

Icelandair moving new operations to Estonia

Icelandair is outsourcing some of its operations to a subsidiary company based in Estonia.

“Iceland has become expensive in comparison with many other countries,” the airline’s interim CEO Bogi Nils Bogason told Viðskiptablaðið. “We’ve reached the size where it could be advantageous to outsource or transfer certain operations. We’re seeing airlines do that.”

Bogi Nils pointed out that it has operated a subsidiary company in Estonia for many years. “We’ve been building it up there and moving certain basic operations there. We’re going to continue on that path.”

The Estonian subsidiary currently sees to revenue bookkeeping for Icelandair. Other accounting and other back-office operations are set to be transferred here as well.

News & events

Need more information?

Need more information?

What is it like to run a business in Estonia? How to benefit from the e-solutions and the efficiency of our business culture? What are the opportunities in specific sectors? Who to partner up with?

The Estonian Investment Agency’s team is happy to help you via its complimentary e-Consulting service, organize online or offline follow-up events such as virtual investment visits and guide you through the fairly simple process of investing in Estonia.

Request e-consulting