VACUUM pump specialists MMC joined Cflow in February last year, and subsequently recorded a turnover of NOK33.5m (US$4.8m).
MMC co-founder Asbjorn Ronneberg says the company has been busy since joining Cflow, with many major projects undertaken during 2003.
Ronneberg says the company provided all the fish handling, water treatment and monitoring equipment for the MV Snaefugl, Iceland's first wellboat.
Cflow rebuilt this vessel, converting it from an old purse seine boat to a wellboat for salmon transport.
The project began in June 2002 when Karl Thorleifsson contacted Cflow, which involved the Norwegian naval architect Atlantconsult for all steel layout and implementation of the Norwegian authorities' conditions for this kind of vessel to meet Icelandic regulations.
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