Gigante confirms new CEO in board shake up

Norwegian land-based salmon farmer Gigante Salmon has a new Chief Executive and has also managed to receive commitment of NOK 120 million (almost £9m) in funding, the company has announced. Gigante Salmon had problems earlier this year, reporting significant mortality with its second smolt batch. In a double Oslo Stock Exchange announcement today, the company…

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Gigante CEO out after further construction cost hike

The CEO of Norwegian land-based fish farmer Gigante Salmon has left the company after a warning that construction costs for the completion of its site at Rødøy are now expected to be more than 50% higher than the previous estimate. The news that CEO Helge E. W. Albertsen (pictured) has had his contract terminated broke…

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Gigante cuts production after fish losses

Norwegian land-based fish farming company Gigante Salmon has announced that it is reducing its production by around 300,000 fish — almost half of the stock released into its tanks last month. This is the second batch for the company at its newly completed site at Rødøy in northern Norway. Gigante revealed at the end of…

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Gigante Salmon encounters high mortality in smolt release

Norwegian land-based salmon farmer Gigante Salmon has reported “significant mortality” with its second smolt batch. The company said in its 2023 Q4 report that the first delivery went very well, but there were problems with the second delivery at its Rødøy facility in the north of the country. It said: “We will return with an…

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Gigante takes big step towards production

Norwegian land-based fish farmer Gigante Salmon has reached a major milestone for its new plant, with the farm’s nursery pool now filled with sea water. The company is building one of Norway’s most advanced RAS (recirculating aquaculture system) facilities, on the island of Lille Indre Rosøya in Rødøy, and flooding the nursery pool is an…

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