Russian salmon-farming initiative “not a threat”

05.09.2019 - 19:28
Russian salmon-farming initiative “not a threat”
Faroese salmon farmers are not worried about Russian plans to increase salmon farming activities
Increased trade competition from Russia is not a major concern, according to the CEO of Faroese salmon farming company Luna

Russia has for many years been by far the largest export market for Faroese salmon farmers.

This salmon export forms an essential part of the entire Faroese economy.

But now Russia is planning to increase the country’s land-based and offshore salmon farming activities.

The plan is to increase salmon production to 180,000 tonnes by 2030, which is roughly three times the total Faroese salmon production.

Not a major concern

This may sound gloomy to Faroese salmon exporters, but they do not appear worried over the news.

The reason is that demand for salmon is growing at the same rate as production.

Atli Gregersen, CEO of salmon farming company Luna, says the Russian initiative just counts as another competitor among so many others.

“Extra competition from Russia is of little concern in the short term,” he says. “However, in the long term it is important that the Faroese salmon industry and the relevant authorities ensure that they remain competitive in an increasingly tough international trade environment.

Translated by

Nýggjastu sendingar í ÚV
Hósdag 19. september
Alzheimerguðstænasta úr Christianskirkjuni
Hósdag 19. september
Morgunlestur hósdagur 19. september 2019
Mikudag 18. september
Leitisstein 17.09.2019
Mikudag 18. september
Jazzofonin: Tøkuløg (Coverløg)
Mikudag 18. september
Nón - 18. september 2019
Nýggjastu sendingar í SV
Mánadag 16. september
Móttøka í Tinganesi
Mánadag 16. september
Sunnudag 15. september
Guðstænasta úr Kollafjarða kirkju
Sunnudag 15. september
Andakt við Randi Froyseth
Fríggjadag 13. september
Kaj Klein konsert í Maggies