IntraFish: What were the three most significant developments for your business in 2014?
Klaus Nielsen: The biggest developments for our industry has been the increase in the cod price.
The price has increased with about 25 percent and on top of that we have to implement a US dollar increase for the European market as well.
Also managing the trade barriers between Russia and EU/United States has become a challenge for us, since we opened a production facility in Veliky Novgorod in March of 2014 – we spend a lot of effort trying to manage it.
Lastly,