Kerecis: Outdoors Is an Adventure

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Ownership

The news in Morgunblaðið and other media outlets about the sale of Kerecis' intellectual property rights to its parent company Coloplast in Denmark attracted attention. This transaction is expected to bring the Icelandic treasury 40 billion krónur in revenue, turn the treasury's operations from a deficit to a surplus and have strengthened the Icelandic króna by 2%. This was welcomed and considered a sign of the strength of the country's economy.…