2014 has been an eventful and challenging year for Grieg Seafood. Salmon prices remained high throughout most of the year but were slightly reduced due to general volatility and barriers in the Russian market towards year-end.
At the fish farms our employees handled challenges in association with winter storms, hot summer with high sea temperatures and low weight gain, as well as different disease. The output was somewhat reduced from the plants in Rogaland and Shetland, and BC has implemented a successful turnaround that yielded increased biological stability. The company has implemented solid measures which counter the challenges for the weakest localities. New licenses and untapped production potential of existing licenses constitute the basis for further growth in 2015.
The Grieg Group is a proud member of the UN Global Compact. In accordance with our membership, we develop a report on our sustainability effort every year.