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(U) Biography: Loftur Árnason
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Biography of Biography: Loftur Árnason with information such as organization, education, spouse, children, hobbies
Big Icelandic Contractors Work Oversees
www.icelandreview.com
Loftur Árnason, manager of Ístak, points out that in the fall of the company employed 1,000 people but now it has 400 employees and are still downsizing its workforce. “The market here is ruined,” he says.
Icelandic Contractor Seeks Projects Abroad
www.icelandreview.com
Managing director of Ístak Loftur Árnason told Morgunbladid that the stagnation in the local construction market is obvious to everyone. “There are no calls for bids right now, but we hope [the market] will be rekindled once the national budget has been overhauled.”
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