We are a Norwegian land-based salmon farming company which wants to be a beacon for sustainable business through our vision of extending the ocean potential. We’ll achieve that by promoting a culture where profitability and sustainability reinforce each other.
Our first production facility is currently under construction on Indre Harøy. Strategically located on the Norwegian west coast, the site offers access to an educated and experienced workforce, an established infrastructure for salmon farming, renewable energy and unlimited fresh seawater.
This facility is being developed in three phases, with phase 1 due to provide an annual capacity of 9 000 tonnes when completed in the fourth quarter of 2022.
The overall project is designed for a total annual capacity of 36 000 tonnes from its completion in 2028. It is based on a hybrid flow-through system (HFS) which ensures controlled and optimal growth conditions, and limits the risk of parasites and diseases.
Combined with a global expansion plan, we’re targeting an annual production capacity of about 70 000 tonnes in the medium- to long-term perspective.
Our initial intention is to target the European salmon market while also establishing relationships with customers in the USA and Asia.
We take pride in communicating openly about our business and our results. The Investor relations section of our website will provide timely and accurate information on our financial development.