Mowi raises 2025 output forecast despite decline in Q2 earnings
Norwegian salmon farming giant Mowi has raised its output forecast for 2025, even as it reported a decline in second-quarter…
Mowi
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Norwegian seafood group Mowi takes control of peer Nova Sea
Norwegian salmon farming major Mowi is to acquire Vigner Olaisen’s 46% stake in local peer Nova Sea for Nkr7.4bn ($655m),…
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Tussling over targets: corporates’ ESG changes spark debate
Before Christmas, The Coca‑Cola Company announced updated voluntary environmental goals “with the aim of delivering on the company’s purpose to…
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Mowi fleshes out cost-savings targets in pursuit of 7-8% growth
Salmon farmer and processor Mowi is seeking to realise up to €400m ($446.3m) in cost savings over the next five…
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Norwegian salmon giants facing UK price-fixing claim
Atlantic salmon industry heavyweights are facing a legal claim in the UK suggesting they engaged in cartel activities and artificially…
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UK retailers sue Atlantic salmon farming groups over alleged cartel
Seven UK supermarkets have filed for compensation over a supposed cartel in the Atlantic farmed salmon sector. Aldi, Asda, Morrisons,…
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Norway’s salmon farmers did breach anti-trust rules, says EU
Preliminary findings from a European Commission (EC) inquiry have found that major Norwegian seafood businesses breached EU anti-trust rules. The…
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Seafood group Mowi to close Scotland plant
Seafood giant Mowi has drawn up plans to close a fish processing plant in Scotland. The facility in Dingwall in…
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Mowi to look at legal avenues against salmon tax
Norwegian salmon farmer Mowi has stated its intentions to pursue “legal interests” over the government’s aquaculture tax, which will be…
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Norway’s Mowi vows to keep fighting aquaculture tax plan
Mowi, the world’s largest salmon farmer, has re-affirmed its opposition to the Norwegian government’s planned aquaculture tax despite the proposals…