Samherji CEO Thorsteinn Már Baldvinsson said the company is planning to invest $105 million (€96 million) into the fisheries sector in just three years, according to the company.
The company signed a lease Friday for a 23,000-square-meter onshore processing site in Dalvik. The company will also invest in a new vessel.
The decision to build a new Samherji plant in Dalvik has been a long time coming, the company said.
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