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Press Releases

Looking for more press releases? Explore our full press release archive by date to access past announcements, news updates, and media releases published on Iceland Business Times.

Alvotech’s Lenders Lower Interest on Senior Secured Term Loan Facility

Alvotech’s Lenders Lower Interest on Senior Secured Term Loan Facility

REYKJAVIK, Iceland, June 26, 2025 (GLOBE NEWSWIRE) -- Alvotech (NASDAQ: ALVO, the “Company”), a global biotech company specializing in the development and manufacture of biosimilar medicines for patients worldwide, today announced that its lenders...

Holding(s) in Company

Holding(s) in Company

Reykjavík, April 07, 2025 (GLOBE NEWSWIRE) -- TR-1: Standard form for notification of major holdings NOTIFICATION OF MAJOR HOLDINGS (to be sent to the relevant issuer and to the FCA in Microsoft Word format if possible) 1a. Identity of the issuer...

Committee advances discussions on trade-related climate measures and technology transfer

Committee advances discussions on trade-related climate measures and technology transfer

Trade-related climate measures Members discussed two new proposals, namely the Republic of Korea's communication titled “Key Considerations for Trade-related Climate Measures (TrCMs): Suggested approaches toward a sustainable future” and the...

Director/PDMR Shareholding

Director/PDMR Shareholding

Reykjavík, June 26, 2025 (GLOBE NEWSWIRE) -- (“Amaroq” or the “Company”) Director/PDMR Shareholding - Notification of Transactions of Directors/Persons Discharging Managerial Responsibilities (PDMRs) TORONTO, ONTARIO – June 26, 2025 – Amaroq...

2024 Full Year Financial Results

2024 Full Year Financial Results

Reykjavík, March 28, 2025 (GLOBE NEWSWIRE) -- ("Amaroq" or the "Company") 2024 Full Year Financial Results 2024 - a pivotal year marking the transition from developer to producer at our flagship Nalunaq mine TORONTO, ONTARIO – 28 March 2025 –...

Okalio Mining Celebrates 8 Years of Trusted Cloud Mining with $10 Welcome Bonus

Okalio Mining Celebrates 8 Years of Trusted Cloud Mining with $10 Welcome Bonus

london, UK, June 26, 2025 (GLOBE NEWSWIRE) -- In response to growing global interest in passive income through cryptocurrencies, Okalio Mining announces the continuation of its mission to provide low-barrier, high-return cloud mining services to...

Rising Consumer Demand for Seafood Fuels Market Growth: Key Driver Transforming the Bivalve Market in 2025

Rising Consumer Demand for Seafood Fuels Market Growth: Key Driver Transforming the Bivalve Market in 2025

Seafood Fuels Global Market Report 2025 – Market Size, Trends, And Forecast 2025-2034 LONDON, GREATER LONDON, UNITED KINGDOM, March 31, 2025 /⁨EINPresswire.com⁩/ -- Get 20% off on Global Market Reports until March 31st! Use code FY25SAVE at...

Holding(s) in Company

Holding(s) in Company

Reykjavík, April 01, 2025 (GLOBE NEWSWIRE) -- TR-1: Standard form for notification of major holdings NOTIFICATION OF MAJOR HOLDINGS (to be sent to the relevant issuer and to the FCA in Microsoft Word format if possible) 1a. Identity of the issuer...

Junshi Biosciences Announces 2024 Full Year Financial Results and Provides Corporate Updates

Junshi Biosciences Announces 2024 Full Year Financial Results and Provides Corporate Updates

SHANGHAI, March 28, 2025 (GLOBE NEWSWIRE) -- Shanghai Junshi Biosciences Co., Ltd (“Junshi Biosciences,” HKEX: 1877; SSE: 688180), a leading innovation-driven biopharmaceutical company dedicated to the discovery, development, and commercialization...

Oculis to Host In-Person and Virtual R&D Day on Key Business Updates and the Development Plans for Privosegtor (OCS-05) in Acute Optic Neuritis and Beyond

Oculis to Host In-Person and Virtual R&D Day on Key Business Updates and the Development Plans for Privosegtor (OCS-05) in Acute Optic Neuritis and Beyond

ZUG, Switzerland, April 01, 2025 (GLOBE NEWSWIRE) -- Oculis Holding AG (Nasdaq: OCS / XICE: OCS) (“Oculis” or the “Company"), a global biopharmaceutical company focused on innovations addressing ophthalmic and neuro-ophthalmic diseases with...

LET Mining launches smart cloud mining to easily earn passive income

LET Mining launches smart cloud mining to easily earn passive income

London, UK, June 26, 2025 (GLOBE NEWSWIRE) -- With the rapid development of digital assets, more and more people are looking for ways to participate in the cryptocurrency market without frequent operations, lower risks and more stable returns. To...

Holding(s) in Company

Holding(s) in Company

Reykjavík, March 28, 2025 (GLOBE NEWSWIRE) -- TR-1: Standard form for notification of major holdings NOTIFICATION OF MAJOR HOLDINGS (to be sent to the relevant issuer and to the FCA in Microsoft Word format if possible) 1a. Identity of the issuer...

Main Results of 2025 Annual and Extraordinary General Meeting

Main Results of 2025 Annual and Extraordinary General Meeting

REYKJAVÍK, Iceland and LUXEMBOURG, June 25, 2025 (GLOBE NEWSWIRE) -- The 2025 Annual and Extraordinary General Meeting (the "2025 AGM") of Alvotech (the "Company") was held on June 25, 2025, at Arendt House, 41A Avenue John F. Kennedy, L-2082...

'Let’s Walk' with Halli: A Podcast Designed to Spark Creativity—One Conversation at a Time

'Let’s Walk' with Halli: A Podcast Designed to Spark Creativity—One Conversation at a Time

REYKJAVíK, ICELAND, June 24, 2025 /⁨EINPresswire.com⁩/ -- What happens when you take creativity outside, strip away the scripts, and let the world set the pace? You get Let’s Walk—a new biweekly podcast from Icelandic designer and entrepreneur...

Alvotech Reports Record Results for 2024 and Provides Business Update

Alvotech Reports Record Results for 2024 and Provides Business Update

Total Revenues in 2024 reached $492 million, representing a 427% increase over prior year Product Revenues in 2024 reached $273 million, representing a 462% increase over prior year Adjusted EBITDA in 2024 was $108.3 million compared to negative...

Bitdeer AI Wins 2025 AI Breakthrough Award for MLOps Innovation

Bitdeer AI Wins 2025 AI Breakthrough Award for MLOps Innovation

SINGAPORE, July 01, 2025 (GLOBE NEWSWIRE) -- Bitdeer AI, part of Bitdeer Technologies Group (NASDAQ: BTDR) and a fast-growing AI neocloud platform, is proud to announce that it has been presented with the MLOps Innovation Award by AI Breakthrough....

Century Aluminum Names Veteran Executive Peter Trpkovski Chief Financial Officer

Century Aluminum Names Veteran Executive Peter Trpkovski Chief Financial Officer

CHICAGO, March 21, 2025 (GLOBE NEWSWIRE) -- Century Aluminum Company (NASDAQ:CENX) announced today that its Board of Directors has appointed Peter Trpkovski to be the Company’s next Executive Vice President and Chief Financial Officer. As CFO,...

Tourism Source Market is slated to increase at a CAGR of 6.6% to reach a valuation of US$ 1.1 Trillion by 2032

Tourism Source Market is slated to increase at a CAGR of 6.6% to reach a valuation of US$ 1.1 Trillion by 2032

By tourist type, the group segment dominated the global market and is likely to remain dominant during the forecast period. WILMINGTON, DE, UNITED STATES, March 18, 2025 /⁨EINPresswire.com⁩/ -- The Tourism Source Market Size was valued at $599.40...

Iceland donates an additional CHF 200,000 to WTO Fish Fund

Iceland donates an additional CHF 200,000 to WTO Fish Fund

Director-General Ngozi Okonjo-Iweala said: “I warmly welcome Iceland's second contribution to the WTO Fish Fund, which reflects its strong commitment to sustainable fisheries and multilateral cooperation. Building on its previous donation, this...

Geothermal Energy Market Size to Hit USD 117.02 Billion By 2032

Geothermal Energy Market Size to Hit USD 117.02 Billion By 2032

Geothermal Energy Market Size, Share & Growth Analysis by Type (Binary Cycle), Application (Industrial, Commercial), and Regional Forecast, 2024-2032. PUNE, MAHARASHTRA, INDIA, March 19, 2025 /⁨EINPresswire.com⁩/ -- The global geothermal energy...

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