The regional government has approved a grant of almost EUR 6 million, which will enable the launch of ten investment projects worth approximately EUR 11.8 million.
The regional government has approved a grant of almost EUR 6 million, which will enable the launch of ten investment projects worth approximately EUR 11.8 million.
Freyr Friðriksson, founder of the seafood processing and refrigeration technology firm, is now chairman of the board, handing over to former deputy CEO Ólafur Karl Sigurðarson.
The deal brings together kelp restoration, seed genetics and farming as interest grows in seaweed as both a nature-based solution and a source of sustainable biomass.