Faroe Marine Products back in business

20.05.2019 - 13:55
Faroe Marine Products back in business
The fish processing plant in Leirvík is back on its feet after a lengthy downturn in production

After years of low production, which forced the plant to shut down for a short period, Faroe Marine Products is now running on all cylinders again.

The company’s main market, Nigeria, was hit hard when oil prices went down a few years ago. As a result, the company could not sell its dried fish heads to Nigeria.

 >> SEE ALSO Faroe Marine products reports big deficit

The situation in Nigeria has improved significantly, and the country is now buying large quantities of fish heads from the Leirvík-based company. This upturn is also reflected in the company’s accounts as last year’s accounts showed profits of DKK 2 million.

Translated by prosa.fo

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