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Page 1: CONSTRUCTION OVER SIX DECADES · Construction over six decades Íslenskir aðalverktakar hf. (ÍAV hf.), is part of the Swiss based Marti Holding (), situated in Moos-seedorf near

CONSTRUCTION OVER SIX DECADES

Page 2: CONSTRUCTION OVER SIX DECADES · Construction over six decades Íslenskir aðalverktakar hf. (ÍAV hf.), is part of the Swiss based Marti Holding (), situated in Moos-seedorf near

Prison at Holmsheiði, East of Reykjavík

Nominated for the Mies van der Rohe Architectural Award in 2017

Page 3: CONSTRUCTION OVER SIX DECADES · Construction over six decades Íslenskir aðalverktakar hf. (ÍAV hf.), is part of the Swiss based Marti Holding (), situated in Moos-seedorf near

Íslenskir aðalverktakar hf. (ÍAV hf.), also known as IPC (Iceland Prime Contractors) is a progressive and a leading company in the construction industry in Iceland with a strong mix of human resources, knowledge, extensive experience and good equipment. ÍAV hf. is the only contractor in Iceland that has both certification for OHSAS 18001 Health, Safety and Environment (HSE) and ISO 9001 quality management systems.

ÍAV provides its clients with good and reliable service and a “one stop solution” if requested. The needs of the client and the project comes first. ÍAV carries out all kinds of contracts such as BOQ contracts, construction management contracts and turnkey contracts.

ÍAV emphasizes and ensures a safe working environment for its workers.

Page 4: CONSTRUCTION OVER SIX DECADES · Construction over six decades Íslenskir aðalverktakar hf. (ÍAV hf.), is part of the Swiss based Marti Holding (), situated in Moos-seedorf near

Airport terminal enlargement, Keflavík airport

Nominated for the Mies van der Rohe Architectural Award in 2017

Page 5: CONSTRUCTION OVER SIX DECADES · Construction over six decades Íslenskir aðalverktakar hf. (ÍAV hf.), is part of the Swiss based Marti Holding (), situated in Moos-seedorf near

ÍAV COMPANY PROFILE 2017 | 5

Construction over six decadesÍslenskir aðalverktakar hf. (ÍAV hf.), is part of the Swiss based Marti Holding (www.martiag.ch), situated in Moos-seedorf near Bern.

ÍAV offers a complete range of construction engineering from complex construction projects to smaller reconstruc-tion work and maintenance service contracts. The main ac-tivities include general building construction (industrial,

commercial, office and apartment buildings) and earthworks of all kinds, including tunnelling.

ÍAV was founded in 1954 to carry out all contracts for the US Naval Air Station Keflavik, Iceland. ÍAV operated as the only military contractor in Iceland for over 40 years.

In the 90’s the company began to work in all fields of the con-struction market outside the military base.

Page 6: CONSTRUCTION OVER SIX DECADES · Construction over six decades Íslenskir aðalverktakar hf. (ÍAV hf.), is part of the Swiss based Marti Holding (), situated in Moos-seedorf near

IAV COMPANY STRUCTURE

HSE & QualityÞórður Karlsson

ConstructionSigurður Ragnarsson

FinanceÞóroddur Ottesen

Technology & ServiceKristján Arinbjarnar

CEOSigurður Ragnarsson

ServicesGuðmundur Pétursson

ÍAV organisation chart - 2016

Page 7: CONSTRUCTION OVER SIX DECADES · Construction over six decades Íslenskir aðalverktakar hf. (ÍAV hf.), is part of the Swiss based Marti Holding (), situated in Moos-seedorf near

ÍAV COMPANY PROFILE 2017 | 7

QualityÍAV Operates a Quality Management System which complies with the requirements of ISO 9001:2008 with the following scope:

General ConstructionProject ManagementDevelopment and Design for:Buildings, Roads, Harbours, Tunnels and Power Plants.

The Quality Management System is certified by BSI and Íslenskir aðalverktakar hf. (ÍAV hf.), holds

Certificate No: FM 512106

EnvironmentÍAV is determined to demonstrate care and show caution in its interactions with nature and the environment.

The company utilities environmentally friendly work methods employing state-of-the-art technology in order to meet the demands of its customers, ensure profitable operations and protect the nature.

SafetyThe safety and occupational health of our employees are of the utmost importance. All measures must be employed at the workplace in order to prevent accidents or health damage to workers.

These measures have first priority.

ÍAV maintains an active safety inspection process at its work sites. For a long time ÍAV has had a strong focus on safety. All workers and managers are made aware of safety issues and the preventative measures that are needed in any given case.

It is imperative that everyone within the company, whether managers or workers at every company site, work in a coordinated fashion on safety matters. Only with such cooperation is it possible to prevent accidents and damage to the health of those who work for ÍAV.

ÍAV was granted the OSHAS 18001 occupational health and safety standard in the beginning of 2014.

Certificate No: OHS 606809

ÍAV’s Health, Safety and Environmental Policy- HSE manager visits every project site and reports on committee meetings- HSE manager reviews incident reports and mitigation resolution- All personnel get regular training on HSE issues - HSE plan is developed for each project- A General Job Hazard Analysis is carried out for each project - Employees begin each morning with a start-up meeting

Certi�cate of RegistrationQUALITY MANAGEMENT SYSTEM - ISO 9001:2008

This is to certify that: IAV Holding ehfalso trading as Íslenskir aðalverktakarhf. (ÍAV Construction)also trading as ÍAV Fasteignaþjónustaehf. (ÍAV Real Estate Services)Höfðabakka 9110 ReykjavikIceland

Holds Certi�cate No: FM 512106

and operates a Quality Management System which complies with the requirements of ISO 9001:2008 for thefollowing scope:

The provision of design, development, construction, and project management services(including buildings, roads, harbours, tunnels and industry). The provision of real estatemanagement services. The provision of quarrying and processing of aggregate material for useconstruction.

For and on behalf of BSI:Gary Fenton, Global Assurance Director

Originally registered: 20/07/2009 Latest Issue: 18/03/2014 Expiry Date: 20/07/2015

Page: 1 of 1

This certi�cate was issued electronically and remains the property of BSI and is bound by the conditions of contract.An electronic certi�cate can be authenticated online.Printed copies can be validated at www.bsi-global.com/ClientDirectory or telephone +971 (4) 3364917.

Information and Contact: BSI, Kitemark Court, Davy Avenue, Knowlhill, Milton Keynes MK5 8PP. Tel: + 44 845 080 9000

BSI Assurance UK Limited, registered in England under number 7805321 at 389 Chiswick High Road, London W4 4AL, UK.

Certi�cate of RegistrationOCCUPATIONAL HEALTH & SAFETY MANAGEMENT SYSTEM

This is to certify that: IAV Holding ehfalso trading as Íslenskir Aðalverktakarhf. (ÍAV Construction)also trading as ÍAV Fasteignaþjónustaehf. (ÍAV Real Estate Services)also trading as ÍAV (ÍAV Quarries)110 Reykjavik, Höfðabakka 9Iceland

Holds Certi�cate No: OHS 606809

and operates an Occupational Health and Safety Management System which complies with the requirements of BSOHSAS 18001:2007 for the following scope:

The provision of design, development, construction, and project management services(including buildings, roads, harbours, tunnels and industry). The provision of real estatemanagement services. The provision of quarrying and processing of aggregate material for usein construction.

For and on behalf of BSI:Gary Fenton, Global Assurance Director

Originally registered: 03/04/2014 Latest Issue: 03/04/2014 Expiry Date: 03/04/2017

Page: 1 of 1

This certi�cate was issued electronically and remains the property of BSI and is bound by the conditions of contract.An electronic certi�cate can be authenticated online.Printed copies can be validated at www.bsi-global.com/ClientDirectory or telephone +971 (4) 3364917.

Information and Contact: BSI, Kitemark Court, Davy Avenue, Knowlhill, Milton Keynes MK5 8PP. Tel: + 44 845 080 9000

BSI Assurance UK Limited, registered in England under number 7805321 at 389 Chiswick High Road, London W4 4AL, UK.

OHSAS18001OccupationalHealth and SafetyManagement

OHS 606809

ISO9001QualityManagement

FM 512106

Page 8: CONSTRUCTION OVER SIX DECADES · Construction over six decades Íslenskir aðalverktakar hf. (ÍAV hf.), is part of the Swiss based Marti Holding (), situated in Moos-seedorf near

Carbon Recycling International - Methanol Factory

Page 9: CONSTRUCTION OVER SIX DECADES · Construction over six decades Íslenskir aðalverktakar hf. (ÍAV hf.), is part of the Swiss based Marti Holding (), situated in Moos-seedorf near

ÍAV COMPANY PROFILE 2017 | 9

In Iceland, ÍAV is a leading company in all fields of construction, earthworks, project management and engineering services.

Large scale Infrastructure

• Earth work of all kind• Tunnels, harbours, avalanche barriers and retaining structures,

roads & bridges• All kinds of piping systems (sewage, water, fuel and electrical)• Removal of hazardous waste including asbestos.

Construction

• Industrial buildings• Commercial buildings• Office buildings• Apartment buildings

Specialized Constructions

• Power Plants - Hydro & Geothermal• Factories• Hospitals• High tech buildings

Karahnjukar Power Plant Iceland Suprime Court

Air Traffic Control KEF airport

Page 10: CONSTRUCTION OVER SIX DECADES · Construction over six decades Íslenskir aðalverktakar hf. (ÍAV hf.), is part of the Swiss based Marti Holding (), situated in Moos-seedorf near

Myndir vantar

Residental buildings - Reykjavik

Page 11: CONSTRUCTION OVER SIX DECADES · Construction over six decades Íslenskir aðalverktakar hf. (ÍAV hf.), is part of the Swiss based Marti Holding (), situated in Moos-seedorf near

ÍAV COMPANY PROFILE 2017 | 11

Construction

Among construction projects in our portfolio are schools, swimming pools, service building for the Icelandic Parliament, court houses, office buildings, sports halls, hotels, hospitals, nursing homes and over 7000 apartments.

Parliament - Service building Public swimming pool

Page 12: CONSTRUCTION OVER SIX DECADES · Construction over six decades Íslenskir aðalverktakar hf. (ÍAV hf.), is part of the Swiss based Marti Holding (), situated in Moos-seedorf near

Electrical installation at KEF airport runwaysBúrfell - Underground Power House

Page 13: CONSTRUCTION OVER SIX DECADES · Construction over six decades Íslenskir aðalverktakar hf. (ÍAV hf.), is part of the Swiss based Marti Holding (), situated in Moos-seedorf near

ÍAV COMPANY PROFILE 2017 | 13

Large Scale Infrastructure

Currently we are working on several large scale infrastructure projects. The road tunnel in north Iceland, called the Vaðlaheiði road tunnel is well on its way and will be finished in 2018. We completed the Óshlíð road tunnel in 2010, a tunnel that changed a lot for the inhabitants in Bolungarvík. We finished a railway tunnel in Snekkestad Norway in 2015 and work on the Solbakk road tunnel, as well as the Nordnes road tunnel, both in Norway, is proceeding according to plans.

Apron, Keflavik Airport

In 2016 we started work on the Burfell hydropower plant extension, an addition to the existing plant. Previously we have built the Vatnsfell hydropower plant, the powerhouse for the Kárahnjúkar hydropower plant and an extension to the Lagarforss hydropower plant.

Last year we also started work on renewing the asphalt on both major runways at the Keflavik Airport and will complete this work later this year.

Page 14: CONSTRUCTION OVER SIX DECADES · Construction over six decades Íslenskir aðalverktakar hf. (ÍAV hf.), is part of the Swiss based Marti Holding (), situated in Moos-seedorf near

Northen lights / “Aurora Borealis”

Budarhals Hydro Power - Penstock

Access tunnel - Kárahnjúkar

Snow avalanche barriers in North Iceland

Page 15: CONSTRUCTION OVER SIX DECADES · Construction over six decades Íslenskir aðalverktakar hf. (ÍAV hf.), is part of the Swiss based Marti Holding (), situated in Moos-seedorf near

ÍAV COMPANY PROFILE 2017 | 15

Specialized Constructions

Among the specialized constructions we have built, there are power plants, both hydro- and geothermal, factories for the production of methanol, beverages, cod liver oil and silica. The Blue Lagoon, several data centres, Harpa - Concert and Conference hall in Reykjavik, air traffic control centres at Keflavik and Reykjavik airports, large cold storage buildings, poultry slaughterhouse, warehouses and airport terminals.

Svartsengi Geo Power - Powerhouse

Flooded tunnel

Tunnel engineering

Page 16: CONSTRUCTION OVER SIX DECADES · Construction over six decades Íslenskir aðalverktakar hf. (ÍAV hf.), is part of the Swiss based Marti Holding (), situated in Moos-seedorf near

Planet Labs - satellite tracking station

Page 17: CONSTRUCTION OVER SIX DECADES · Construction over six decades Íslenskir aðalverktakar hf. (ÍAV hf.), is part of the Swiss based Marti Holding (), situated in Moos-seedorf near

ÍAV COMPANY PROFILE 2017 | 17

Arrival hall - meet & greet at Keflavik Airport

Page 18: CONSTRUCTION OVER SIX DECADES · Construction over six decades Íslenskir aðalverktakar hf. (ÍAV hf.), is part of the Swiss based Marti Holding (), situated in Moos-seedorf near

Our signature project: HARPA - The Concert and Conference Hall in Reykjavik

Winner of the Mies van der Rohe Architectural Award in 2013

Page 19: CONSTRUCTION OVER SIX DECADES · Construction over six decades Íslenskir aðalverktakar hf. (ÍAV hf.), is part of the Swiss based Marti Holding (), situated in Moos-seedorf near

ÍAV COMPANY PROFILE 2017 | 19

Keflavik Airport - renewing N-S runway

Page 20: CONSTRUCTION OVER SIX DECADES · Construction over six decades Íslenskir aðalverktakar hf. (ÍAV hf.), is part of the Swiss based Marti Holding (), situated in Moos-seedorf near
Page 21: CONSTRUCTION OVER SIX DECADES · Construction over six decades Íslenskir aðalverktakar hf. (ÍAV hf.), is part of the Swiss based Marti Holding (), situated in Moos-seedorf near

ÍAV COMPANY PROFILE 2017

Heavy Duty Equipment - Excavators

Page 22: CONSTRUCTION OVER SIX DECADES · Construction over six decades Íslenskir aðalverktakar hf. (ÍAV hf.), is part of the Swiss based Marti Holding (), situated in Moos-seedorf near

Earthwork - Sorpa, Álfsnes

Page 23: CONSTRUCTION OVER SIX DECADES · Construction over six decades Íslenskir aðalverktakar hf. (ÍAV hf.), is part of the Swiss based Marti Holding (), situated in Moos-seedorf near

ÍAV COMPANY PROFILE 2017

Silicon factory in Helguvík

Page 24: CONSTRUCTION OVER SIX DECADES · Construction over six decades Íslenskir aðalverktakar hf. (ÍAV hf.), is part of the Swiss based Marti Holding (), situated in Moos-seedorf near

Survey - roadbuilding

Office building - Reykjavík

Residental apartments - Reykjavík

Data center - Advania

Page 25: CONSTRUCTION OVER SIX DECADES · Construction over six decades Íslenskir aðalverktakar hf. (ÍAV hf.), is part of the Swiss based Marti Holding (), situated in Moos-seedorf near

ÍAV COMPANY PROFILE 2017 | 25

Vatnsfell Hydro Power Plant

Page 26: CONSTRUCTION OVER SIX DECADES · Construction over six decades Íslenskir aðalverktakar hf. (ÍAV hf.), is part of the Swiss based Marti Holding (), situated in Moos-seedorf near

Storagefacility , Sundaharbour - Reykjavik

Tunneling work

Ölgerðin - factory in Reykjavík

Page 27: CONSTRUCTION OVER SIX DECADES · Construction over six decades Íslenskir aðalverktakar hf. (ÍAV hf.), is part of the Swiss based Marti Holding (), situated in Moos-seedorf near

ÍAV COMPANY PROFILE 2017 | 27

Reykjavik harbour area with Skuggi, Harpa and HB Grandi fish processing facilities all built by ÍAV

Page 28: CONSTRUCTION OVER SIX DECADES · Construction over six decades Íslenskir aðalverktakar hf. (ÍAV hf.), is part of the Swiss based Marti Holding (), situated in Moos-seedorf near

Hotel Reykjavik Centrum

Page 29: CONSTRUCTION OVER SIX DECADES · Construction over six decades Íslenskir aðalverktakar hf. (ÍAV hf.), is part of the Swiss based Marti Holding (), situated in Moos-seedorf near

ÍAV COMPANY PROFILE 2017 | 29

Blue Lagoon SPA - South Iceland

Page 30: CONSTRUCTION OVER SIX DECADES · Construction over six decades Íslenskir aðalverktakar hf. (ÍAV hf.), is part of the Swiss based Marti Holding (), situated in Moos-seedorf near

Oshlid - road tunnel, West Iceland Avalanche barrier, West Iceland

Page 31: CONSTRUCTION OVER SIX DECADES · Construction over six decades Íslenskir aðalverktakar hf. (ÍAV hf.), is part of the Swiss based Marti Holding (), situated in Moos-seedorf near

ÍAV COMPANY PROFILE 2017 | 31

Responding to adverse conditions

The rugged terrain of Iceland, together with the

unpredictability of the climate has given us plenty of

experience in building structures that have to withstand

the harsh natural conditions. This includes high winds, hail

and snow, sudden and frequent changes in temperatures as

well as seismic activity.

NATO Radar Stations - Iceland

Page 32: CONSTRUCTION OVER SIX DECADES · Construction over six decades Íslenskir aðalverktakar hf. (ÍAV hf.), is part of the Swiss based Marti Holding (), situated in Moos-seedorf near

IDEAS REALISEDVaðlaheiði Road Tunnel - North Iceland

Page 33: CONSTRUCTION OVER SIX DECADES · Construction over six decades Íslenskir aðalverktakar hf. (ÍAV hf.), is part of the Swiss based Marti Holding (), situated in Moos-seedorf near

ÍAV COMPANY PROFILE 2017 | 33

Our historyDuring the first forty years since 1954, IAV or Iceland Prime Contractor as it was usually called, had exclusive rights for all work carried out at the US Naval Base at the Keflavik Airport. This included all run- and taxiways, fuel storage, controls, hangars, radar stations, hospitals and housing for all personnel both in Keflavik and in various locations around Iceland.

In 1997 the company was restructured into its present form, when the exclusivity rights for work in Keflavik were abolished. In 1999 two civil contracting firms were bought and merged with IAV to form a general contracting company for the Icelandic market. The company has always had its eye on work abroad and has been involved with projects in Greenland, Lithuania, Germany and Norway. Housing development became an important element in the company’s turnover from 1998 and more than 7.000 apartments have been built since then.

Infrastructure projects, such as roads, tunnels and harbours, airfields and government buildings have also been an important component of IAV’s projects, in addition to hydropower plants, geothermal plants and various manufacturing facilities, such as aluminium smelters and other industrial buildings. IAV has been involved in collaboration and joint ventures with foreign contractors for several projects.

In 2003 the company formed a Joint Venture with Hochtief, Pihl & Son and Istak to carry out the underground construction of the Powerhouse for the 690 MW hydro power plant at Kárahnjúkar, an excavated cavern with all associated tunnels. In 2007, IAV formed a Joint Venture called Ósafl with Marti Contractors AG of Switzerland for the construction of the 5,6 km long Óshlíð road tunnel. Presently Ósafl is constructing the 7,5 km long Vadlaheidi road tunnel, near Akureyri in North Iceland and a underground hydro power plant extension at the Búrfell hydro power plant.

The partnership with Marti turned out to be the beginning of a fruitful cooperation that in 2010 culminated with Marti buying all the shares of IAV and Marti Holding AG has since been the sole owner of IAV hf.

Due to ÍAV’s reputation as an experienced and dependable contractor in the Icelandic market, ÍAV is probably the best choice for those interested in investing in any type of construction in Iceland.

Page 34: CONSTRUCTION OVER SIX DECADES · Construction over six decades Íslenskir aðalverktakar hf. (ÍAV hf.), is part of the Swiss based Marti Holding (), situated in Moos-seedorf near

Operation focus:Long-term relationship with real estate customers, owners and usersService agreements andFacility Management and MaintenanceRegular inspections on facilities to determine maintenance costService work authorizations issued for all of our customersUtility servicesProject managemen

A department with focus on facility management and maintenance, house reconstruction and other similar projects.

ServicesWe have a specialised building renovation and maintenance service department that operates within IAV.

We build upon a solid foundation and all our staff are experts in the construction sector. We provide consulting services; we manage and take care of maintenance, operation and housing improvement and renewal.

We organize and provide advice and consultation for management of larger real estate properties. We take care of audits, give opinions and guide our customers in all aspects of repairs or rebuilding properties.

Our services include:

Engineering and construction management

Quality control and supervision of work

Cost analysis and cost control

Work progress and time control

Complete construction when needed

Facility and maintenance service and real estate projects

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ÍAV COMPANY PROFILE 2017 | 35

Facility and maintainance service and real estate projects con-nected to Keflavik airport area is a big part of the operation.

Facility Management and maintenance (FM) is an important part of the operation of IAV Service. ” FM is all about supervision and control and IAV Service is the expert.

We also work on demolition of hazardous materials, solid waste removals and the closing of solid waste disposal sites.

We serve our customers with both our own staff and subcontractors. IAV Service has undertaken a wide range of service agreements with subcontractors in various fields of business. The purpose is to be always able to offer our customers the best expertise available on the market. IAV Service however handles all integration, control and communication towards our customers.

The structure of our organization and service gives us an opportunity to put together a reliable, economical and high quality service solutions for our customers. The solutions can be specially adapted to serve the needs of each individual customer.

Among our customers are some of the largest real estate holding companies in Iceland, municipalities and private companies.

Operation focus:- New opportunities at Keflavik airport area- Continue with reconstruction of existing properties in the region and to work wiht owners and redevelopment- Project management- Service work authorizations issued for all of our customers- Service desk open 24/7- Security services

Page 36: CONSTRUCTION OVER SIX DECADES · Construction over six decades Íslenskir aðalverktakar hf. (ÍAV hf.), is part of the Swiss based Marti Holding (), situated in Moos-seedorf near

Quarries

IAV has been handling and producing aggregate for decades and IAV Quarries was founded in 2011 as a quarry company specialized in production and sales of concrete and construction aggregate for earth works and building construction.

We are operating three quarries in SW- Iceland close to the capitol area selling both manufactured and un-manufactured construction aggregate as well as manufactured concrete aggregate.

The production is in accordance with pre-established production plan. This is mandatory for the CE labelling. The production is CE certified. The management system for IAV Quarries is established in accordance with ISO 9001:2008.

Laboratory testing of aggregate is part of the production plan and our customers can therefore be confident that the manufactured product suites the work it is intended.

Page 37: CONSTRUCTION OVER SIX DECADES · Construction over six decades Íslenskir aðalverktakar hf. (ÍAV hf.), is part of the Swiss based Marti Holding (), situated in Moos-seedorf near

ÍAV COMPANY PROFILE 2017 | 37Main road to Alftanes, south of Reykjavik

Page 38: CONSTRUCTION OVER SIX DECADES · Construction over six decades Íslenskir aðalverktakar hf. (ÍAV hf.), is part of the Swiss based Marti Holding (), situated in Moos-seedorf near

1954 1956 1959 1960 1961 1965 1970 1975 1980 1985 1990 1995 1997 1999 2000 2002 2004 2005 2006 2007 2008 2009 2010 2011 2012 2013 2014 2015 2016 2017 2018 2019

Hangars for the NAVY Airbase and NATOSeveral Hangars and Repair Facilities at NASKEF

13 Blast Proof Fighter Jets Hangars for NATOFuel farms and fuel distribution systems

Hvalfjordur Fuel DepotHelguvik Harbour and Fuel Depot

North Atlantic Air Defense System (NADS) programMt. BolafjallMt. GunnolfsvikSokksnesUS Naval Base in Kefl avik

InfrastructureReykjanes highway from Kefl avik to ReykjavikAirfi eld in Aasiaat GreenlandHighway traffi c bridge ReykjavikGigjariver bridge S-IcelandUlkebay bridge in Sisimiut, Greenland

Armannsfell and Alftaros acquiredHydro Power PlantsVatnsfell Hydro Power PlantKarahjukar PowerhouseLagarfoss Hydro Power enlargementHagongur Dam and Diversion

Geothermal Power PlantsHS Orka – Power Plant

Compay founded in 1954

Kefl avik runway and airportAdalvik Radar Station H2Hellissandur Loran MastStafnnes Radar Station H3Stokksnes Radar Station H1Family Housing 1954 - 2000Hvalfjordur HarbourHvalfjordur Fuel Storage

Hafnir Communication CentreLoran mast W-Iceland

US NAVY HQ at Kefl avik Air BaseIceland Regional Operations

Control CenterControl & Reporting Center

Main Power PlantSatellite Ground Station

Torpedo Storage DepotKEF AIRPORTLeifur Eiriksson Air TerminalFlight Control TowerEngine Test CellRebulding of Kefl avik airfi eldLanding light systems in Kefl avik

Harbour and breakwater constructionHelguvik HarbourRoads and access tunnelsKarahnjukar Power Plant - access tunnelOshlid tunnel in West IcelandAvalance BarriersSeydisfjordur E-IcelandBolungarvik W-IcelandData CentreVerne Holding

Commercial buildingsHarpa - Concert and Conference HallUniversity Square - enlargementBorgartun - renovation - ReykjavikAluminum industryÍSAL - Rio Tinto AlcanGrundartangi - Century AluminumHydroelectric project, PenstockOshlid road tunnel

Leif Eriksson Air Terminal - enlagementFlight simulator building for IcelandairSnekkestad Norway - Railway tunnelVadlaheidi road tunnelAlftanes main roadSolbakk subsea road tunnel, W-NorwayNordens road tunnelPrison building near ReykjavikAvalance barrier in SiglufjördurAvalance barrier in ÍsafjördurHigh Voltage Transmission line

Leif Eriksson Air Terminal - interiorPowerstation for Landsnet Century Aluminum - Helguvík United Silicon Helguvik, factoryBúrfell Power Plant - extension Kefl avík Airport - Runway renewalEarthwork, Sorpa Reykjavík

Carbon Recycling - Methanol Factory Skarfabakki Reykjavik HarbourNursing home - Kefl avikGrandi Warehouse - ReykjavikLeif Eriksson Air Terminal - renovationThe House of Icelandic languageThe National theater - additionCoastal protectionLandfi ll and Harbour

NASKEF - NATO PROJECTSPROJECTS SINCE 1954

Page 39: CONSTRUCTION OVER SIX DECADES · Construction over six decades Íslenskir aðalverktakar hf. (ÍAV hf.), is part of the Swiss based Marti Holding (), situated in Moos-seedorf near

1954 1956 1959 1960 1961 1965 1970 1975 1980 1985 1990 1995 1997 1999 2000 2002 2004 2005 2006 2007 2008 2009 2010 2011 2012 2013 2014 2015 2016 2017 2018 2019

Hangars for the NAVY Airbase and NATOSeveral Hangars and Repair Facilities at NASKEF

13 Blast Proof Fighter Jets Hangars for NATOFuel farms and fuel distribution systems

Hvalfjordur Fuel DepotHelguvik Harbour and Fuel Depot

North Atlantic Air Defense System (NADS) programMt. BolafjallMt. GunnolfsvikSokksnesUS Naval Base in Kefl avik

InfrastructureReykjanes highway from Kefl avik to ReykjavikAirfi eld in Aasiaat GreenlandHighway traffi c bridge ReykjavikGigjariver bridge S-IcelandUlkebay bridge in Sisimiut, Greenland

Armannsfell and Alftaros acquiredHydro Power PlantsVatnsfell Hydro Power PlantKarahjukar PowerhouseLagarfoss Hydro Power enlargementHagongur Dam and Diversion

Geothermal Power PlantsHS Orka – Power Plant

Compay founded in 1954

Kefl avik runway and airportAdalvik Radar Station H2Hellissandur Loran MastStafnnes Radar Station H3Stokksnes Radar Station H1Family Housing 1954 - 2000Hvalfjordur HarbourHvalfjordur Fuel Storage

Hafnir Communication CentreLoran mast W-Iceland

US NAVY HQ at Kefl avik Air BaseIceland Regional Operations

Control CenterControl & Reporting Center

Main Power PlantSatellite Ground Station

Torpedo Storage DepotKEF AIRPORTLeifur Eiriksson Air TerminalFlight Control TowerEngine Test CellRebulding of Kefl avik airfi eldLanding light systems in Kefl avik

Harbour and breakwater constructionHelguvik HarbourRoads and access tunnelsKarahnjukar Power Plant - access tunnelOshlid tunnel in West IcelandAvalance BarriersSeydisfjordur E-IcelandBolungarvik W-IcelandData CentreVerne Holding

Commercial buildingsHarpa - Concert and Conference HallUniversity Square - enlargementBorgartun - renovation - ReykjavikAluminum industryÍSAL - Rio Tinto AlcanGrundartangi - Century AluminumHydroelectric project, PenstockOshlid road tunnel

Leif Eriksson Air Terminal - enlagementFlight simulator building for IcelandairSnekkestad Norway - Railway tunnelVadlaheidi road tunnelAlftanes main roadSolbakk subsea road tunnel, W-NorwayNordens road tunnelPrison building near ReykjavikAvalance barrier in SiglufjördurAvalance barrier in ÍsafjördurHigh Voltage Transmission line

Leif Eriksson Air Terminal - interiorPowerstation for Landsnet Century Aluminum - Helguvík United Silicon Helguvik, factoryBúrfell Power Plant - extension Kefl avík Airport - Runway renewalEarthwork, Sorpa Reykjavík

Carbon Recycling - Methanol Factory Skarfabakki Reykjavik HarbourNursing home - Kefl avikGrandi Warehouse - ReykjavikLeif Eriksson Air Terminal - renovationThe House of Icelandic languageThe National theater - additionCoastal protectionLandfi ll and Harbour

NASKEF - NATO PROJECTSPROJECTS SINCE 1954

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Power Plants Heavy industryAluminum and other factories

Some of the larger projects that we have been working on lately are for the aluminum industry in Iceland, mainly for Rio Tinto Alcan and Nordural (Century Aluminum). We have also constructed several freezing plants, a fish oil factory, shipyard and hangars for both fighter jets as well as commercial airplanes.

IAV has been involved in some of the major projects for Landsvirkjun, the National Power Company, constructing hydro power plants on a large scale. Our expertise also covers projects in hydro power genera-tion.

Cod liver oil factory, Lysi - Reykjavik

Karahnjukar underground Power house

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Roads, bridges, harbours, airstrips and tunnels Avalache barriers and specialised projectsOther infrastructureInfrastructure

A broad expertise has been built up within our company over the last decade in tunneling, road construction, bridge and harbor construc-tion as well as runways in Iceland, Greenland and Norway.

Specialized construction work is also part of our challenges. Snow avalanche barriers are needed in some parts of Iceland and we have been constructing these since 2003. A water diversion for hydro power plants is also included in our projects as well as laying high-voltage cables for the power companies to mention but a few of these specialized tasks.

Road tunnel - NW Iceland Avalanche barrier work - north Iceland

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Residental apartments Consert hall, schools & sportcenters

Some of the most modern schools in Iceland where built by IAV. Swimming pools and indoor soccer field buildings as well as various buildings at the University of Iceland campus, one of them with the largest glass facade in the country.

During the past 60 years IAV has built over 7000 apartment buildings in Iceland and Germany. These comprise low-rise as well as high-rise apartment buildings in Reykjavik and surrounding communities.

Indoor soccerfieldDistrict development - Mosfellsbaer

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Corporate buildings Public buildings

Some of the biggest companies is Iceland are among our customers. We have built both office quarters, hotels, manufacturing facilities as well as storage buildings. Unique both in construction and architecture.

Our signature building is Harpa, the concert- and conference hall in Reykjavík. The Icelandic Parliament (Althingi) was established in 930. The Althingi house was originally built in 1881. In 2002 IAV finished an annex to this historic house. IAV also built the award winning supreme court building as well as a number of other public buildings.

The Icelandic supreme courtGrand Hotel - Reykjavik

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ÍAV hf. | Höfðabakki 9 | IS-110 Reykjavík | Iceland | Tel . +354 530 4200 | iav@iav. is | www.iav. is