Today Orkuveita Reykjavíkur‘s (OR; Reykjavík Energy) annual general meeting was held. These will be on OR’s Board of Directors: Brynhildur Davídsdóttir, chairperson, Gylfi Magnússon, vice-chair, Sigrídur Rut Júlíusdóttir, Kjartan Magnússon, Hildur Björnsdóttir, and Guðjón Viðar Guðjónsson. Attending representative is Halldóra Lóa Thorvaldsdóttir. The meeting resolved to pay a dividend of ISK 1,250 million, provided that the company‘s financial dividends conditions be met, before and after the payment.

OR Annual Report 2017 was presented at the meeting. The report is an interactive, web-based, integrated report, covering environmental, social, and financial aspects of OR group’s operations as well as its governance. The report and OR’s annual consolidated financial statements 2017 were published March 8th 2017. The financial statements were approved by the general meeting.

Link to OR Annual Report 2017.

The general meeting resolved to hire Grant Thornton as the company’s audit firm.

OR is owned by three municipalities; The City of Reykjavík, (93.539%), The Township of Akranes (5.528%), and the Municipality of Borgarbyggd (0.933%).


Eiríkur Hjálmarsson
Head of Communications
+354 516 6100