Iceland\’s largest salmon farmer posts €16m loss

ICELAND’S largest salmon farming company, Arnarlax, in which Norway’s SalMar has a majority stake, posted a loss of 16 million euros for last year, several times the figure for 2017. Arnarlax is currently investing heavily in developing new fish farms but saw its plans disrupted a year ago after objections from environmental groups. However, it…

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Iceland\’s largest salmon farmer posts €16m loss

ICELAND’S largest salmon farming company, Arnarlax, in which Norway’s SalMar has a majority stake, posted a loss of 16 million euros for last year, several times the figure for 2017. Arnarlax is currently investing heavily in developing new fish farms but saw its plans disrupted a year ago after objections from environmental groups. However, it…

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