Norway's major salmon farming companies saw their share prices spike on Thursday afternoon following the announcement that the government finally reached an agreement on its new salmon tax base rate.
The Norwegian government secured a majority in the Norwegian Parliament (Storting) to adopt a tax on the salmon farming industry of 25 percent, significantly lower than the original proposal of 40 percent, which drew overwhelming criticism and protest from salmon farmers.
Several salmon shares rose on the stock exchange following the news.
