Aquaculture

Cermaq terminates purchase of farming permits in Norway worth $13 million

The group is also putting investments of up to $380 million on hold in the country in reaction to a proposed 40 percent resource rent tax.

'We fear that reduced investments and projects on hold will result in lower activity and risk of layoffs in the supplier industry,' says Chief Sustainability Officer in Cermaq Group, Lars Galtung.
'We fear that reduced investments and projects on hold will result in lower activity and risk of layoffs in the supplier industry,' says Chief Sustainability Officer in Cermaq Group, Lars Galtung.Cermaq
Published 5 October 2022, 09:28Updated 5 October 2022, 13:04
Norway salmon farming taxTaxNorwayFarmed salmonCermaq