NO-backed Icelandic farmer raises €10m for hatcheries,

(11/13/17)

Icelandic salmon farmer Laxar Fiskeldi -- backed by Norwegian firm Masoval Fiskeoppdrett -- has  raised its capital equity by €10 million to help grow towards production of 24,000 metric tons, it told Undercurrent News.

The company, based in Iceland's eastern fjords, currently holds licenses for 6,000t of salmon.

It has filed an application with the relevant authorities to expand this...........................


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