30 April 2021 12:32 GMT Updated 30 April 2021 12:32 GMT in Bergen
Norwegian salmon producer Bremnes Seashore is investing NOK 400 million (€40 million/$48.6 million) into additional production and cold storage capacity to meet growing demand for the group s high-end and ready-to-eat products.
The group s Kvednavikjo facility will be expanded by 14,000 square meters, enabling the company to process significantly larger volumes and expand its product range, Bremnes Seashore CEO Einar Eide said.
The project, which will begin with the cold storage expansion, is scheduled to be completed by the end of 2023.
The expansion is based in part on Bremnes Seashore s philosophy of adding value to salmon within Norway. The majority of Norwegian salmon farming companies ship head-on gutted fish to international markets where they are processed locally.