Faroe Marine Products back in business
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.
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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