Norwegian land-based aquaculture equipment supplier Artec Aqua AS reported solid growth last year with a 38 percent in sales in 2015 to NOK 146 million (€15.7 million/$17.5 million), according to its annual report.
Artec provides turnkey land-based farms and system solutions for flow-through, reuse and recycling plants, including smolt facilities.
Operating profit tripled from NOK 4.3 million (€463,000/$517,000) in 2014 to more than NOK 13 million (€1.4 million/$1.6 million) last year. Profit before tax increased by 220 percent to just under NOK 13 million (€1.4
