Posts Tagged ‘Grieg’
Grieg ‘committed to BC reconciliation’
Despite a number of setbacks with its British Columbia operation over the past few weeks, Grieg Seafood says it is committed to reconciliation in the province.
Read MoreUK class action seeking £382m from leading salmon farmers
A group of British retailers, including most of the big supermarket names, are pressing ahead with their claim for compensation from Norwegian salmon farmers over alleged price fixing – and they are demanding £382m.
Read MoreAnger as Ottawa sticks knife into BC open net salmon farming
Canada’s decision to ban open net fish farming in British Columbia by June 2029 has been met with dismay and anger by the industry.
Read MoreGrieg Q1 profits hit by biological problems
Norwegian and Canadian salmon farmer Grieg Seafood has reported a near £7m drop in operating profits for 2023.
Read MoreBAADER wins contract for Grieg’s new seafood centre
Seafood processing specialist BAADER has won a major contract to fit Grieg’s new seafood centre with a state-of-the-art filleting system. The deal was announced today at the trade show Seafood Expo Global/Seafood Processing Global in Barcelona.
Read MoreBrighter Q1 results from Grieg Seafood and Salmon Evolution
Two Norwegian salmon companies, Grieg Seafood and Salmon Evolution, have published encouraging 2024 first quarter trading updates. The Grieg output is up by more than 30% on a year ago and totals approximately 21,000 tonnes against 15,350 tonnes 12 months ago. The main reason for the improvement is that British Columbia is now back in…
Read MoreGrieg outlines plans for airport processing centre
Grieg Seafood is answering the call to process more salmon in Norway with a new processing facility near the capital, Oslo. The NOK 130m (£10m) centre (impression shown above) will be close to Gardermoen, Oslo’s main airport. The development is part of the company’s strategy to increase value creation and process more of its own…
Read MoreGrieg pioneer dies aged 91
Per Grieg (pictured), the former head of the Grieg Group, which includes the Grieg fish farming business, has died just short of his 92nd birthday. He was not only one of Norway’s great business personalities, but also a major supporter of good causes at home and overseas. Grieg Seafood today is one of Norway’s leading…
Read MoreGrieg Q3 costs rise and harvests drop
Grieg Seafoods today reported a greatly reduced 2023 third quarter harvest and considerably higher production costs. In one case costs soared way above NOK 80 a kilo (£6). The company has also been hit by various biological issues in Norway. The three month July to September period harvest (gutted weight) was almost cut in half…
Read MoreGrieg raises cash for green investment
Grieg Seafood has successfully extended a large unsecured green bond from NOK 1 billion to NOK 1.5 billion (£127 million). The company told the Oslo Stock Exchange the additional NOK 500 billion (£42.5 million) will be used to finance environmental related projects. The issue will mature in June 2025. Grieg says sustainable farming practices are…
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