We are leading, trustworthy and sustainable. We increase value, satisfaction and quality of life.

Festi's mission is to drive investments, support value creation and create new opportunities.
Festi owns and operates companies that are leaders in each of their markets; food, electronics, fuel, electricity sales and service stations. Real estate and warehouse operations along with the purchase and sale of securities are also part of the Group's activities.
The parent company Festi owns the subsidiaries Krónan which operates supermarkets, N1 which operates fuel and electricity sales service stations and various services related to lubrication and automotive services, ELKO which is the largest electronics store in Iceland, Yrkir eignir, which owns and operates the Group's real estate and Bakkann vöruhótel, which specialises in warehouse services and distribution.
Dótturfélög Festi eru rekstrarfélögin ELKO sem er stærsta raftækjaverslun landsins, Krónan sem rekur samnefndar matvöruverslanir, Lyfja sem rekur lyfjaverslanir um allt land og N1 sem rekur þjónustustöðvar eldsneytis- og rafmagnssölu og verkstæði. Einnig á Festi dótturfélögin Bakkann vöruhótel sem sérhæfir sig í vöruhúsaþjónustu og dreifingu og Yrki eignir sem á og rekur fasteignir samstæðunnar.
Stefna samstæðu Festi