Aquaculture

‘No longer justifiable’: Leroy is latest to freeze investments in Norway because of salmon tax

All major new investments in the group's value chain in Norway will be put on hold pending the decision of the Norwegian parliament, it said.

'Introducing a resource rent tax will halt development of the industry's value chain and hence reduce all its direct and indirect ripple effects along the coast,' said Leroy Seafood CEO Henning Beltestad.
'Introducing a resource rent tax will halt development of the industry's value chain and hence reduce all its direct and indirect ripple effects along the coast,' said Leroy Seafood CEO Henning Beltestad.Photo: Leroy
Published 3 October 2022, 15:16Updated 3 October 2022, 20:34
Norway salmon farming taxTaxNorwayLeroy Seafood GroupHenning Beltestad