SalMar building two new smolt facilities

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Combined costs of builds expected to be around EUR 165 million.

SalMar is building two new smolt plants in Norway. A 60-acre site in Trøndelag, Central Norway, will be built by 2022 and is expected to cost between EUR 60 and EUR 80 million, reports Trønder-Avisa.

When complete, it’ll produce 2,000 tonnes of smolt annually. Community special advisor Jacob Br. Almlid confirmed the location of the site to SalmonBusiness. 

Furthermore, the salmon farmer will be building another in Northern Norway’s largest island Senja, near Troms. The new plant will have production of about 2,500 tonnes and is expected to cost up to EUR 85 million.

“The new facility will give SalMar the flexibility to utilize our food fish permits in an even better way than today,” SalMar wrote in a press release.

On Monday, SalmonBusiness reported that Gustav Witzøe will take over as CEO. Olav Andreas Ervik become managing director of the new subsidiary SalMar Ocean, responsible for the company’s ventures in ocean-based fish farming.