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NOK731.2 14.6  2.0%

Last Trade - 07/05/21

Consumer Defensives
Large Cap
Market Cap £3.69bn
Enterprise Value £3.94bn
Revenue £544.7m
Position in Universe 162nd / 1838

BRIEF-Norway's fisheries ministry: Implements measures to increase salmon production

Thu 30th June, 2016 6:05am
June 30 (Reuters) - Norway's fisheries ministry says: 
    * Will implement measures to increase salmon production in a 
bid to offset limited supply growth 
    * "A lack of salmon may cause that prices rise too much. 
Therefore, we are implementing measures to increase production 
now," said fisheries minister, Per Sandberg, in a statement 
    * Says to offer increased flexibility by increasing the 
ceiling for the amount of fish that can be held in the sea 
during the best growth period 
    * "The farmers can then exploit the natural temperature 
variations in the sea better" 
    * The new scheme can be bought for 1.5 million crowns per 
    * Says it is a voluntary offer and it is not possible to say 
how much growth it will trigger 
    * "For the industry, this gives increased flexibility and 
possibilities to keep up production throughout the winter, and 
by that avoid layoffs," Sandberg said  
    * The ministry will put out a tender shortly, the 
registration deadline is Sept 1 
    * The new regulation will happen in accordance with the new 
"traffic light" system from 2017  
Click here to read the full statement (only in Norwegian): https://www.regjeringen.no/no/aktuelt/apner-for-laksevekst/id2506557/ 
 (Reporting By Stine Jacobsen) 
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