Big companies are needed to make a noticeable change in the coldwater shrimp industry and to grow new markets, Mikael Thinghuus, CEO of Royal Greenland told delegates at the ICWP 2015 last week.
Royal Greenland, which had a turnover of around DKK 5 billion (€670.1 million/$713.4 million) in 2014, is looking to maximize the value of the North Atlantic marine resources to which it has access in Greenland, to the benefit of Greenland and the industry as a whole.
“Size does matter, it is good to be big,” said Thinghuus.
Royal
