We are building a gathering force for Icelandic infrastructure
By bringing the best players together to leverage the synergies across the entire ecosystem of Icelandic infrastructure, we are paving the way for our industry, for our infrastructure, and for Iceland.
We do so by building a gathering force for Icelandic infrastructure – from material production and transportation, to groundwork, and road construction.
Building on the best in business
As of today, INVIT counts 100 employees brought together from Grafa og Grjót, Steingarður, Austurverk, and Undirstaða. Combined, we have one of the most up-to-date fleets with +70 machines of all sorts and sizes. Our combined capacity enables us to cater broadly throughout the value chain for groundwork.
Bringing us together is our value-driven culture and shared ambition to future-proof the Icelandic infrastructure by leveraging the synergies across the ecosystem.
Grafa og Grjót
Grafa & Grjót is a specialized company in the earthworks sector. We have the right tools to get the job done quickly and safely!
Steingarður
Steingarður has been leading in connecting homes with fibre optic cable and servicing Veitur in the Capital Area. One of the main features is surface finishing.
Austurverk
Austurverk has extensive experience with all kinds of earthworks. The company strives to provide professional and prompt service, whether the work is large or small. Austurverk is located in Egilsstaðir and services all of East Iceland.
Undirstaða
Undirstaða was founded by INVIT in 2023. Undirstaða is responsible for all material processing for Grafa and Grjót with the purpose of recycling and reusing local, natural resources.
Our history, heritage, and capabilities
2002
GRAFA OG GRJÓT
FOUNDED
2006
STEINGARÐUR
FOUNDED
INVIT builds on more than 20 years of industry experience. Since 2002, Grafa og Grjót has grown into a renowned brand at the forefront of construction in Iceland. Accompanied by Steingarður and Undirstaða, INVIT provides solid capabilities through the entire ecosystem of Icelandic infrastructure.
This is only the beginning. Stay tuned for further additions to the group.
2021
INVIT
FOUNDED
2021
GRAFA OG GRJÓT
JOINS INVIT
2022
STEINGARÐUR
JOINS INVIT
2023
Undirstaða
Founded by invit
2023
Snókur acquired by Grafa og Grjót
2023
Austurverk joins INVIT
Our team
Our leadership is here to nourish our domestic know-how, push the boundaries for sustainable construction, and secure investors broad investment opportunities into our infrastructure. We lead by building a gathering force for our Icelandic infrastructure.
We are catering to the entire ecosystem
INVIT is operating horizontally across three main verticals of construction: Groundwork, Materials & Transport, and Road Construction. Our broad anchoring enables us to secure and develop the capacity of Icelandic infrastructure catering to the future needs of our society.