400 fish factory jobs at risk

400 fish factory jobs at risk
Up to 400 workers at the Bakkafrost fish processing plant in Glyvrar may lose their jobs at the end of this year
 
20.09.2023 - 07:08

The recently introduced extra taxes on fish farmers are a heavy burden to companies like Bakkafrost.

“These taxes undermine the foundations of our activities, and they have severely affected our competitiveness on the international market,” says Bakkafrost CEO Regin Jacobsen.

“As things stand, up to 400 workers at our Glyvrar factory may be out of a job after 1 January next year. It is a very unfortunate situation.”

Bakkafrost

Caption: 
The Bakkafrost processing plant in Glyvrar, Eysturoy

This, he adds, is because it is no longer profitable to create special salmon products, and Bakkafrost is considering only selling whole salmon from next year.

Trade minister Høgni Hoydal has been reluctant to comment on this matter, but he says the government is working on a solution.

 

Read the Faroese version of this article here.

More Faroese News in English.

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