Salmon producers in Norway - financial scandal in the USA. Three salmon tycoons: Mowi, Grieg Seafood and Salmar are suspected of illegal financial and price cooperation on the US market. The companies have already been informed about the initiated investigation. The transactions of these companies over the last months are researched and analyzed. What are the reasons for starting an investigation? Have there been problems with these companies before?
Salmon Producers in Norway - What Charges Have the Major "Salmon" Players Received?
Is this the first investigation involving "fish giants?" It turns out not. Let's look back. All three brands have already been checked by the European Commission for infringement of competition rules. That should already be the reason why the US Department of Justice also opened an investigation. The companies have also received notice of a large number of lawsuits that US brands have brought against them. Mowi, Grieg Seafood and Salmar in an official statement assured that they did not see any reasonable grounds for checking them, let alone initiating criminal and criminal investigations. According to them, the inspection of the European Union is unfounded. Nevertheless, the heads of all three companies guarantee that they will cooperate and will not interfere with the ongoing investigation.
Salmon producers in Norway - inspections are ongoing ...
Inspections in companies have been going on for several months now. In mid-February, the European Commission announced that it was carrying out unannounced inspections of several Norwegian Atlantic salmon farms. The controls are preventive. Their goal is also to quickly locate and counteract illegal movements in the industry.
Salmon producers in Norway - more about companies….
Grieg Seafood is an international seafood company with fish farms in Rogaland and Finnmark in Norway, British Columbia and Shetland. It is worth noting that the annual production amounts to 80 tons of salmon and trout. The company is based in Bergen, Norway – is also listed on the Oslo Stock Exchange.
SalMar ASA - the main activities of the company include breeding in the sea phase, production of brood and smolt, processing and sale of farmed salmon. It has 100 licenses for the production of Atlantic salmon in Norway, located in Trøndelag. The company's distribution is primarily: Asia, the United States, Canada, Norway, and the Russian Federation.
Source of information: https://www.dagensperspektiv.no/
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