Borgartún is the financial center of Reykjavík, hosting a large number of companies and three investment banks.
Reykjavík has been at the center of Iceland's economic growth and subsequent economic contraction over the last decade, a period referred to in foreign media as the "Nordic Tiger" years, or "Iceland's Boom Years". The economic boom led to a sharp increase in construction, with large redevelopment projects such as Harpa concert hall and conference center and others.
In 2009, Reykjavík was listed as the richest city in the world in 2007 by The Economist Group.
Major companies
Íslandsbanki - Bank
Síminn - Telecoms
Baugur Group - Investments
Eimskip - Transport
Nýherji - Information Technology
FRISK Software International - Antivirus
HB Grandi - Fisheries
Stodir - Investments
Glitnir - Bank (now Íslandsbanki)
Marel - High tech food processing products
deCODE Genetics
Kaupthing Bank (now Arion Bank)
Landsbanki - Bank
Vodafone Iceland - Telecoms
Orkuveita Reykjavíkur - Reykjavík Energy
SPRON - Bank
Össur hf
Icelandair Group (Icelandair and Air Iceland) - Airline
Iceland Express - Airline
CCP hf (CCP Games) - Creators of the EVE Online computer game
Birtíngur - Major magazine publishing company
Iceland Refund - Tax Free Shopping
Mannvit Engineering -
