Faroese pelagic group Vardin expects to lose half its sales after ending exports to Russia

Though rising pelagic prices are helping ease the potential pain, the company remains on the hunt for new markets.

Vardin COO Olavur Bjarkhamar said around half of the Faroese group's 100,000 metric tons of production goes to Russia.
Vardin COO Olavur Bjarkhamar said around half of the Faroese group's 100,000 metric tons of production goes to Russia.Photo: Hanna Gezelius
Published 4 May 2022, 08:00Updated 4 May 2022, 12:48
Faroe IslandsMackerelHerringFarmed Salmon PricesUkraine crisis