“If this doesn’t happen, most will go bankrupt,” Espersen said, speaking recently in Aalborg, Denmark.

There are far too many Danish companies either running at a loss, or barely keeping their heads above water, he said. Considerable restructuring has to take place, which probably means far more involvement from foreign companies and investors.

“In a globalized world, there’s no room for the old nationalistic attitude toward foreign capital,” said Espersen.

There are no Danish seafood companies listed on the stock exchange.

Skagerak Fiskeeksport is the value-added processing unit of Skagerak Group, one of Denmark’s biggest seafood companies, which produces top quality products of pelagic fish and salmon, on top of its pelagic fishing operations.

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