Price slump hits Norwegian salmon companies

THE stock market value of Norway’s main fish farming companies has suffered unusually large falls over the past week as the spot price of salmon continues to drop back. The combined worth, which included such giants as Mowi, SalMar and Lerøy, was down by 14 billion kroner (£1.2 billion) at one point, although the market did…

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EU raids cost salmon firms millions

ALMOST seven billion kroner (about £625 million) has been wiped off the value of a number of Norwegian salmon farming companies following a series of inspections by EU officials in Scotland and the Netherland last week. The Seafood Index on the Oslo Stock Exchange has taken a huge hit during the last few days, with…

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