opinberunarfyrirtæki
Opinberunarfyrirtæki, commonly referred to as a public enterprise or state-owned enterprise, is a business entity in which the government holds a majority stake or full ownership. These enterprises operate under public law and are typically established to provide essential goods and services, promote national interests, or address market failures where private sector participation is deemed insufficient or ineffective.
In Iceland, opinberunarfyrirtæki are governed by specific legal frameworks that distinguish them from private companies. They
Examples of opinberunarfyrirtæki in Iceland include energy companies like Landsvirkjun and Orkuveita Reykjavíkur, which manage hydroelectric
The management and oversight of opinberunarfyrirtæki are subject to transparency and accountability measures to prevent misuse