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Grieg reviewing Shetland operations as heavy losses bring down group

Cost-cutting measures, and a reduction of staff at the Scotland processing plant, are just the start of the 'strategic review'

By Neil Ramsden | Feb. 18, 2016 09:55 GMT
Grieg in red over higher production costs in Norway, Shetland
Grieg Seafood Hjaltland farm. Credit: Neil Ramsden
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Losses from Grieg Seafood (GSF)'s Shetland operations have contributed to group earnings in the fourth quarter of 2015, which were down 67% year-on-year [...]

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