Finance

Russia’s largest salmon farmer raises over $33 million through stock sale

More than 13,000 new investors bought stock in the company.

“The company plans to use the funds raised from the SPO for general corporate purposes, including investment projects, as part of a vertical integration strategy aimed at multiple business growth over the next few years,” said Inarctica CEO Ilya Sosnov.
“The company plans to use the funds raised from the SPO for general corporate purposes, including investment projects, as part of a vertical integration strategy aimed at multiple business growth over the next few years,” said Inarctica CEO Ilya Sosnov.Photo: Inartica.com
Published 30 November 2023, 17:38Updated 1 December 2023, 09:16
InarcticaFarmed salmonRussiaMowiCermaq