Norway Royal Salmon (NRS) is canceling a purchase made earlier this year of 370 metric tons of maximum permitted biomass capacity worth NOK 62 million (€5.9 million/$5.9 million) in reaction to the government's proposal for a new 40 percent tax on the salmon farming industry.

Over the past few years, NRS has invested significant amounts in strengthening its value chain through a new smolt facility in Dafjord in Karlsoy municipality, development of its sea locations and investing in aquaculture at sea through Arctic Offshore Farming.