Norebo, Russia's largest seafood company, has carried out a reduction in share capital which sees just under £18m transferred from its UK entity to another group firm in Hong Kong Continue reading
Tag Archives: Companies
Trident parts ways with global sales head brought in from Hershey
Trident Seafoods has parted ways with its most senior sales executive, who has previously worked for Hershey Company, Carlsberg, Mondelez and Coca-Cola Continue reading
Hilton brings in another MD for troubled UK seafood arm
Hilton has brought in another MD for its troubled UK seafood operation, the sixth top executive the division has had since the takeover in 2017 Continue reading
Abanca bullish on Spanish sector growth despite inflation squeezing margins
Spain's seafood sector has continued to invest in fleet renovation, plant upgrades and international growth, according to one of the country's top lenders for the industry, Abanca Continue reading
High Liner bullish on Q4 as supply-chain challenges ‘abate’
'We're pleased with what we're seeing thus far in the quarter from a volume perspective'
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Chile gov’t to modify salmon farming laws within a year
The government of Chilean president Gabriel Boric disclosed a plan to change salmon farming laws within a year, having already initiated a broader reform of fishing laws
Fish finger giant Nomad sees price increases offset falling volumes as Q3 profit rockets
Nomad, the owner of the Birds Eye, Findus and Iglo brands in Europe, saw price increases offset a drop in volumes in the third quarter of 2022
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Fastnet will continue to prosper despite whitefish market turmoil, says retired MD Weightman
Andy Weightman, who spent three decades with Fastnet, said he's never seen a time of so much turmoil and uncertainty in the whitefish markets Continue reading
Second US price-fixing settlement with up to 400,000 small firms to cost Norway farmers an extra $33m
Like in the previous $85m settlement, the defendants in the case, which include Mowi, SalMar, Leroy Seafood Group, Grieg Seafood and others, admit to no wrongdoing
SalMar CEO: Norway salmon sector faces ‘biggest challenge ever’
'This is certainly not a good day. This will significantly weaken the industry. They are not focused on generating jobs and building the industry,' says SalMar CEO Continue reading
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