since 1954

Company Overview

Vatnsvirkinn is a leading professional plumbing, building and construction materials, tools and equipment supplier in Iceland. Founded in 1954 the company is privately held by Gudni Vilberg Baldursson and Hjalti Mar Bjarnason that work in the companies day to day operations. Our main market segment is :

•  Water supply ( hot and cold )

•  Wastewater

•  District heating

•  Floor heating

•  Tools & equipment for plumbers

Company Operations

Vatnsvirkinn imports pipes, fittings and service products for professionals that service end customers and the company deals directly with majority of the brands that the company carries. We work with many high quality companies around the world who share our ambitions and to provide great products and high level service to professionals. We employ 10 highly experienced professionals that consult and service our growing group of customers. Our warehouse and store which is a one stop shop for professional plumbers, industrial companies, power plants and the fishing industry for materials and tools is located at Smidjuvegur 11, 200 Kopavogur, Iceland.

A trusted local supplier

Vatnsvirkinn, for the third year in a row received a recognition from an Icelandic credit score company, CreditInfo, in early 2017 as one of the strongest companies in Iceland. The certification is given to only 1,7% of companies and takes multiple conditions into account such as profitability, total assets and equity ratio. Certification such as this is widely recognized in countries around the world, but in larger economies the conditions for the awards are not as strict as those in Iceland. Further information are available here: https://www.creditinfo.is/english/strongest-in-iceland.aspx

•  Iceland is a modern European economy with strong economic foundations in fisheries, natural renewable energy sources and human capital that will allow Iceland to overcome the economic difficulties it is going through, like so many other countries around the world.

•  Iceland's population is around 325.000 of which the vast majority or around 2/3 lives in the capital, Reykjavik, and surrounding areas.

•  Iceland is a republic, has a written constitution and a parliamentary form of government. The president is elected by direct popular vote for a term of four years, with no term limit. Most executive power rests with the Government, which is elected separately from the presidential elections every four years.

•  Iceland was the last European country to be settled, mostly by Norsemen in the 9th and 10th centuries. They came mainly from Norway and elsewhere in Scandinavia.

•  In environmental terms, Iceland is unique. Iceland is a large country (103,000 km², about the same surface area as Ireland or the State of Virginia), but is sparsely populated, with only 3 persons per km² living mostly along the coast. The interior of the country contains stunning contrasts. It is largely an arctic desert, punctuated with mountains, glaciers, volcanoes and waterfalls. Most of the vegetation and agricultural areas are in the lowlands close to the coastline.

About Iceland

Gudni Vilberg Baldursson CEO Tel: (+354) 510 1400 | gudni@vatnsvirkinn.is Mobile: (+354) 866 5999

Hjalti Mar Bjarnason CFO Tel: (+354) 510 1420 | hjalti@vatnsvirkinn.is Mobile: (+354) 860 8160

since 1954