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Húsasmiðjan controversies

Controversies tied to this brand in public sources. A listing is not a finding of fault.

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  1. 2011

    Accounting, price-fixing, and leverage controversy

    In the aftermath of Iceland’s financial crisis, Húsasmiðjan was described as facing charges or allegations concerning accounting discrepancies and price fixing, alongside excessive leverage. The resulting financial pressure preceded its sale to Bygma in late 2011.