Norwegian land-based salmon farmer fined for late disclosure of cost overrun

Gigante Salmon CEO says the company will pay the fine and has learned from the incident.

Kjell Lorentsen returned to Gigante Salmon as CEO after the latest cost overrun prompted the removal of his predecessor.
Kjell Lorentsen returned to Gigante Salmon as CEO after the latest cost overrun prompted the removal of his predecessor.Photo: Bent-Are Jensen
Published 11 September 2024, 11:14Updated 11 September 2024, 16:00
Farmed salmonLand-based aquacultureLand-based salmonNorwayOslo Stock Exchange