Kaldvik expands its salmon farming capacity with a new 10,000-tonne licence in Iceland’s eastern region. The additional quota allows the company to scale production while adhering to local regulatory approvals. This move follows Iceland’s growing focus on sustainable aquaculture growth.
Kaldvik is adopting a **one-winter operational strategy** to cut production time at sea. The shift aims to improve efficiency while the company reports **reduced losses and revenue growth**. This marks a key operational pivot for the seafood processing firm.
Iceland Salmon Company reports reduced financial losses following a recent alert about its financial situation. The company acknowledges ongoing operational difficulties despite the improvement. No specific figures or details on the underlying issues are provided in the update.
Icelandic salmon farming company **Kaldvik** secures a €230 million refinancing deal with existing lenders. The agreement restructures the company’s debt to support ongoing operations. The funding package highlights efforts to stabilize financial positioning amid industry challenges.
