Norway's land-based salmon producer Salmon Evolution permanently names Hakon Andre Berg as CEO, who took on the interim position in March.

Berg was formerly the company's CFO until Odd Tore Finnoy resigned from his position as CEO.

Tore Tonseth, investment vice president at Ronja Capital, was also appointed chairman of the the board for Salmon Evolution at the time.

Berg held positions with Maritech and Broodstock Capital prior to joining the group.

In May, Salmon Evolution began the first phase of construction at its facility in Hustadvik, Norway.

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After the first stage is complete, the site will have a capacity of 9,000 metric tons per year, which could rise to 36,000 metric tons once the project is completed.

The company expects the first smolt to be stocked in the fourth quarter of 2021, with harvesting starting a year later.

Salmon Evolution is aiming to become stock listed before the end of this first construction phase.