Olís

The company was founded October 3rd, 1927 and is the oldest oil company on Iceland. The firm has conformed to the development of the Icelandic economy since its founding, and is better known today as Olís, but the operations of the firm are divided into three main divisions: The sales division, the logistics division and the finance division, in addition to the supportive divisions of marketing and personnel. The firm operates a number of service stations under the trademark of Olís, in addition to the self-serve stations under the brand name of ÓB - inexpensive fuel. In 1999, Iceland Oil ltd purchased all shares in Ellingsen, which was then consolidated to the holding company in 2001. The comapny also owns all shares in subsidiaries companies Hátækni and ísmar. The mission of Iceland Oil ltd