Iceland
About Festi hf.
Festi hf., along with its subsidiaries, operates as a diversified retail company in Iceland, specializing in fuel, groceries, electronics, and related services.
Core Business Activities
- Retail Operations: Sells fuel, household goods, groceries, and electronic equipment.
- Logistics & Distribution: Provides product storage, packaging, labeling, handling, and wholesale distribution.
- Alcohol Wholesale: Imports and supplies alcohol to ATVR stores, hotels, and restaurants.
- Real Estate Leasing: Leases non-residential properties to retail businesses.
- Convenience Production: Manufactures convenience goods for retail distribution.
Retail & Service Networks
- Operates Kronan branded stores and online shops.
- Manages service stations, including tire and lubrication services.
- Runs smart shops with home delivery options.
Energy Services
The company purchases electricity wholesale and retails it to both individuals and businesses.
Corporate Background
Originally named N1 hf., the company rebranded as Festi hf. in September 2018. Founded in 2006, it is headquartered in Kópavogur, Iceland.
