Festi Company Description
Festi hf. engages in the retail sale of fuel, goods, groceries and related products, and electronic equipment in Iceland.
The company engages in the product storage, packaging, labelling, handling, and distribution of products; sale of household appliances and electronic equipment; leasing of non-residential real estate to retail companies; production of convenience goods; import and wholesale of alcohol to ATVR stores, hotels, and restaurants; operates convenience stores; pharmacy operations; wholesale and retail sales of health-related products; imports and wholesales of pharmacy products and cosmetic products; and wholesale and retail of fuel and and electricity.
It also operates service stations, including tire and lubrication service stations, as well as online shops and mobile apps with home deliveries; food service and convenience goods; and security and development departments.
The company was formerly known as N1 hf. and changed its name to Festi hf. in September 2018. Festi hf. was incorporated in 2006 and is headquartered in Kópavogur, Iceland.
| Country | Iceland |
| Founded | 2006 |
| Industry | Specialty Retail |
| Sector | Consumer Discretionary |
| Employees | 1,686 |
| CEO | Asta Fjeldsted |
Contact Details
Address: Dalvegur 10-14 Kópavogur, 540206 - 2010 Iceland | |
| Phone | 354 440 1200 |
| Website | festi.is |
Stock Details
| Ticker Symbol | FESTI |
| Exchange | Nasdaq Iceland |
| Fiscal Year | January - December |
| Reporting Currency | ISK |
| ISIN Number | IS0000020584 |
| SIC Code | 5500 |
Key Executives
| Name | Position |
|---|---|
| Dagný Engilbertsdottir | Head of Strategic Planning in the Chief Executive Officer's Office |
| Magnús Hafliðason | Chief Executive Officer of N1 and Member of the Executive Board |
| Karen Osk Gylfadóttir | Chief Executive Officer of Lyfja and Member of Executive Board |
| Eva Gudrun Torfadottir | Chief Executive Officer of Bakkinn vöruhótel and Member of Executive Board |
| Óðinn Árnason | Chief Executive Officer of Yrkir eignir and Member of Executive Board |
| Gudrun Adalsteinsdottir | Chief Executive Officer of Krónan and Member of Executive Board |
| Ottar Orn Sigurbergsson | Chief Executive Officer of ELKO and Member of Executive Board |
| Asta Sigridur Fjeldsted | Acting MD of N1, Chief Executive Officer and Member of Executive Board |
| Magnús Kristinn Ingason | Chief Financial Officer, Chief Operating Officer and Member of Executive Board |
| Hildur Þórisdóttir | Human Resource Manager |