Our Story

The Beginning

Rafeyri Ltd. was founded in 1994 from the basis of the electrical department of Slippurinn Akureyri (Shipyard of Akureyri).
Jónas M. Ragnarsson is the company master electrician with both B- and A-certification.
Rafeyri is located at Norðurtangi 5, 600 Akureyri, ICELAND.

Operations

For many years, the fishing industry has been the cornerstone of Rafeyri's business. The company specializes in business and procurement work, with a particular focus on high-voltage electrical installations. While the company primarily serves individual clients with small-scale projects, it has recently established a technical department to manage bidding, drawing, and design work for both current and future projects.

Rafeyri operates throughout the country, with a primary focus on the Eyjafjörður area where most of its work is produced. However, the company has also expanded its operations overseas to neighboring countries. The board of directors is led by Chairman Davíð Hafsteinsson, an electrical technician, alongside Gunnar E. Gunnarsson, an electrician and Anna Dóra Gestsdóttir, an office clerk. The CEO, Kristinn Hreinsson, is a specialist in operations management.

Rafeyri's biggest projects to date have included the expansion and improvement of the Lagarfossvirkjun power station and the construction, installation, setup of a new factory for Becromal S.p.A. in Krossanes, Akureyri, building of geothermal plant for Landsvirkjun at Theistareykir, Freezing plant in Shikotan in Russia and At-North data center in Akureyri. The company has experienced considerable growth in recent years and employed a workforce of around 80 in 2026. Its largest suppliers include Johan Rönning, Ískraft, and Reykjafell.

Owners

Owners of the company are twenty three, all employees. 

Workforce

Rafeyri has been fortunate to have a team of experienced and ambitious employees who bring a wealth of knowledge and expertise to the company. The workforce is adorned with certificates in various fields, including electricians, electrical engineers, mechanics, electro-mechanics, technicians, industrial electricians, and engineers. At Rafeyri, there is a strong emphasis on the growth and development of employees. The company encourages its staff to stay informed about the latest technologies and techniques in their respective fields and to attend professional conferences and seminars. By prioritizing ongoing education and professional development, Rafeyri ensures that their employees remain one step ahead of the competition. As a result, Rafeyri has built a reputation as a progressive company with a team of professionals who can offer solutions to fit any project or problem.

Social life

Happiness and positive morale are defining characteristics of life at Rafeyri. The company's owners have been at the forefront of fostering this environment, and have consistently supported the social lives of their employees. In addition to offering generous benefits and incentives, Rafeyri is dedicated to organizing engaging activities for their workforce. These activities include biennial trips abroad, pre-Christmas parties, golf and bowling tournaments, fly-fishing seminars, and family camping trips. By prioritizing employee well-being and happiness, Rafeyri has cultivated a culture of positivity and unity within its organization.