SalMar closes slaughterhouse with loss of 110 jobs
SalMar is to close a large coastal slaughterhouse at Rørvik in central Norway with the loss of more than 100 jobs. The company said the decision is largely based on […] Continue Reading
Icelandic Salmon sees big jump in profit and revenue
Icelandic Salmon, the parent company of Arnarlax, has announced a big increase in its 2022 final quarter operating income, which was up by almost €16m year on year, to €51.7m […] Continue Reading
Former SalMar CEO to head Bremnes group
Linda Litlekalsøy Aase, the former CEO of SalMar, has been appointed to head the family-owned salmon farmer Bremnes Fryseri AS. Aase had only been in the top SalMar post for […] Continue Reading
Salmar and Lerøy report higher Q4 farmed fish harvests
SalMar and Lerøy Seafood, two of Norway’s largest salmon producers, have announced higher 2022 final quarter harvests in separate trading updates. Both companies share ownership of Scottish Sea Farms, but that company’s […] Continue Reading
SalMar delivers bumper Q3 results
SalMar today announced a strong third quarter performance with an operational EBIT or profit of NOK 1.313 billion (£110m), resulting in an operational EBIT per kg of NOK 24.51. This […] Continue Reading
SalMar-NRS deal on brink of completion
SalMar’s takeover of Norway Royal Salmon will be completed by close of trading on the Oslo Stock Exchange today, the company says. In a message to the Bors, SalMar stated: […] Continue Reading
Mowi poised to take control of Arctic Fish
Mowi is set to take a majority stake in the Icelandic salmon breeder Arctic Fish. It is Mowi’s first significant move into aquaculture in Iceland. Mowi recently warned that the […] Continue Reading
SalMar names Steinvik as new CFO
SalMar has appointed Ulrik Steinvik as the company’s new Chief Financial Officer (CFO). His predecessor, Gunnar Nielsen, resigned as CFO in September. It is the second major announcement from SalMar […] Continue Reading
SalMar’s CEO quits after five months
Linda Litlekalsøy Aase has resigned as CEO of salmon giant SalMar after just five months in the post. Aase, who took over from SalMar founder Gustav Witzøe in May, has […] Continue Reading