Öreind is a small electronics repair and installation business located in Kopavogur, Iceland that celebrated its 25th anniversary in October 2013. It was founded by two partners, Baldur Sveinsson and Sigurour Gunnarsson, who both have experience repairing home electronics. Öreind installs antennas and satellite reception systems and sells a variety of related components, generating around 40% of its revenue from satellite products. While satellite remains important, the company sees its future growth coming from IPTV and is focusing on expanding its offering of IPTV installation materials and components.