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THE Faroese fish farmer Bakkafrost has outlined two important developments in its annual sustainability and financial reports, published yesterday. First, there will be a significant increase in the number, and […] Continue Reading
THE Faroese salmon farming company Bakkafrost today announced lower than expected results for the final quarter of 2018, blaming ‘difficult market conditions’. Total operating income before interest and tax (EBIT) […] Continue Reading
EXPORTS of farmed salmon from the Faroe Islands have shown a significant decline during the first eight months of this year. Recent figures show that salmon sales – the islands’ […] Continue Reading
INCREASED costs involved in dealing with a high number of fish deaths from poisonous algae in September and lower salmon prices during the summer have impacted on Bakkafrost’s 2018 third […] Continue Reading
BAKKAFROST last night reported the death of hundreds of thousands of fish at one of its salmon farming sites on the Faroe Islands, with the precise cause still unknown. However, […] Continue Reading
BAKKAFROST, the big Faroese salmon farming company, today unveiled plans to invest at least three billion Danish kroners (about £360 million) in its operations over the next five years. The […] Continue Reading
BAKKAFROST, the largest salmon farming company in the Faroe Islands, has announced plans to invest in a new biogas plant, working in collaboration with other Faroese fish farmers and local […] Continue Reading
FAROESE salmon farmer Bakkafrost has entered into a conditional share purchase agreement with the owners of North Landing to purchase all outstanding shares of the US salmon importer. Bakkafrost said […] Continue Reading
THE Bakkafrost Group, the largest salmon farming company in the Faroe Islands, today unveiled a first quarter operating profit (EBIT) of 268.2 million Danish kroners (£31.7 million) for the first three […] Continue Reading