Landsvirkjun hf - Company Profile

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Landsvirkjun hf (Landsvirkjun) is a state-owned energy utility company in Iceland. The company is primarily involved in the generation and transmission of electricity. Landsvirkjun generates electricity using renewable sources, including hydro, geothermal, and wind energy. Through its subsidiaries, the company also offers telecommunications services and provides technical and operational advisory services to third parties. Its services cater to retail sales companies and industrial users, particularly in the electricity transmission and system management sectors. Landsvirkjun operates through Landsnet hf, which manages the transmission network. The company primarily serves the Icelandic market, with its operations centered in Reykjavik. Landsvirkjun is headquartered in Reykjavik, Iceland.

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Headquarters Iceland

Address Kt. 420269-1299, Katrinartun 2, Reykjavik, 105


Telephone 354 515 9000

No of Employees 362

Industry Alternative Energy

Revenue (2024) $560.9M

   

   

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Landsvirkjun hf premium industry data and analytics

60+

Tenders & Contracts

Detailed insights into open, awarded and pre-solicited tenders and contracts for Landsvirkjun hf.

2

Transmission & Distribution

Access detailed information on all line and substation projects and T&D infrastructure with Landsvirkjun hf.

1

ICT Spend & Tech Priorities

IT Client Prospector provides intelligence on Landsvirkjun hf’s likely spend across technology areas enabling you to understand the digital strategy.

Products and Services

Products
Electricity
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Competitor Comparison

Key Parameters Landsvirkjun hf Orkuveita Reykjavikur HS Orka hf OR Veitur ohf. RARIK Ohf
Headquarters Iceland Iceland Iceland Iceland Iceland
City Reykjavik Reykjavik Grindavik - Reykjavik
No. of Employees 362 581 - - -
Entity Type Private Private Private Private Private
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Executives
Name Position Board Since Age
Horthur Arnarson Chief Executive Officer Senior Management - -
Jon Bjorn Hakonarson Chairman Non Executive Board 2018 53
Gunnar Tryggvason Vice Chairman Executive Board 2025 57
Gunnar G. Tomasson Executive Vice President - Hydropower Division Senior Management - -
Rafnar Larusson Executive Vice President - Finance and IT Division Senior Management - -
Non Dignissim Eros Proin vel Convallis 2026 XY
Non Dignissim Eros Proin vel Convallis 2026 XY
Non Dignissim Eros Proin vel Convallis 2026 XY
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