'I won't hide the fact that it's very tough': Brothers behind Statt Torsk bet heavily on cod farming's second coming but now face troubled times

Nicolas and Gustave Brun-Lie have invested close to $5 million in the crisis-stricken cod breeder Statt Torsk. Now its share price is down 80 percent, and the company is looking for money.

'We have tight liquidity, but we manage,' says Statt Torsk CEO Gustave Brun-Lie.
'We have tight liquidity, but we manage,' says Statt Torsk CEO Gustave Brun-Lie.Foto: Statt Torsk
Published 10 August 2023, 03:00Updated 10 August 2023, 03:00