Icelandic salmon farmer Arctic Fish is investing in building up a "core integrated model" -- from hatchery to sea farming to processing -- in a bid to strengthen its position as a serious player in the global salmon market.
The company -- in which Norway Royal Salmon acquired a 50 percent stake in August -- is working on a three-phase expansion of a recirculation aquaculture system (RAS) hatchery in Tálknafjördur, Iceland.
"It will be the main foundation of our future development," Sigurdur Petursson, founder and CEO of Artic Fish, told IntraFish.
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