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THE head of Seafood Norway has described the new tax plans for the country’s fish farming industry as potentially destructive. Geir Ove Ystmark, CEO of the organisation which represents most […] Continue Reading
THE Faroese salmon farmer Bakkafrost has bought a majority share in the Scottish Salmon Company (SSC), it was announced this afternoon. Bakkafrost acquired 68.6 per cent of SSC from Northern […] Continue Reading
GRIEG Seafood is no longer swimming in the shadow of the big salmon farming players on financial markets, a leading industry observer has suggested. Tore Tønseth, a seafood analyst at […] Continue Reading
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 […] Continue Reading
SALMAR has announced it is to speed up the development of its Icelandic salmon business Arnarlax after it completed securing a majority stake in the company today. The Norwegian salmon […] Continue Reading
SEAFOOD BOOM PROMPTS OSLO BID NORWAY’S strength in seafood and energy has partly prompted a $729 million bid for the Oslo Stock Exchange by Euronext, which already runs stock exchanges […] Continue Reading
THE prospect of high salmon prices for the next 12 months almost sent the Seafood Index on the Oslo Stock Exchange (Børs) into orbit earlier this week. Launched only two […] Continue Reading
TWO of Norway’s leading salmon farming companies have joined the growing chorus condemning government plans for a new tax on the seafood sector. Following publication of its recent first quarter results, Lerøy […] Continue Reading
TWO of Norway’s leading salmon farming companies have been given the go ahead to expand their activities in the northern area of the country. The Directorate of Fisheries has granted […] Continue Reading