Orkuveita Reykjavikur - Company Profile
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Orkuveita Reykjavikur (Orkuveita) is a public utility company that provides electricity and geothermal water for heating and cold water for consumption and fire fighting. It also offers other services including sewage services and high-speed internet connection through fiber optics. Orkuveita sells electricity to wholesale and retail customers and for the construction and operation of street lighting. The company collects and distributes cold water from reservoirs and runs a sewerage system. It also carries out the rental of housing and equipment and incidental sale of specialist consultancy services. The company provides services through its subsidiaries such as Veitur Utilities, ON Power and Reykjavik Fibre Network. Orkuveita is headquartered in Reykjavik, Iceland.
Headquarters
Iceland
Address
Baejarhalsi 1, Reykjavik, 110
Website
www.or.is
Telephone
354 516 6100
No of Employees
577
Industry
Alternative Energy
Revenue (2022)
$409.6M
Orkuveita Reykjavikur premium industry data and analytics
Products and Services
| Products | Services |
|---|---|
| Electricity | Operation of Sewage System |
| Geothermal Water for Heating | Distribution of Electricity |
| Cold Water for Consumption | Distribution of Water |
Competitor Comparison
| Key Parameters | Orkuveita Reykjavikur | Geoterm Company Limited | Hitaveita Sudurnesja hf | Landsvirkjun Power ehf | RARIK Ohf |
|---|---|---|---|---|---|
| Headquarters | Iceland | Iceland | Iceland | Ireland | Iceland |
| City | Reykjavik | - | Reykjanesbaer | Reykjavík | Reykjavik |
| No. of Employees | 577 | - | 130 | 40 | - |
| Entity Type | Private | Private | Private | Private | Private |
Executives
| Name | Position | Board | Since | Age |
|---|---|---|---|---|
| Gylfi Magnusson | Chairman | Executive Board | - | - |
| Vala Valtysdottir | Vice Chairman | Executive Board | - | - |
| Savar Freyr Prainsson | Chief Executive Officer | Senior Management | - | - |
| Ragnhildur Alda Vilhjalmsdottir | Director | Non Executive Board | - | - |
| Þordur Gunnarsson | Director | Non Executive Board | - | - |
| Non Dignissim Eros | Proin vel | Convallis | 2024 | XY |
| Non Dignissim Eros | Proin vel | Convallis | 2024 | XY |
| Non Dignissim Eros | Proin vel | Convallis | 2024 | XY |
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