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After full-scale testing under a development licence, the closed containment facility is now being prepared for commercial operations with a new focus on post-smolt.

A record harvest volume for the year and lower cost levels in the fourth quarter are the key highlights of the Norwegian salmon company's latest results report.

The decision followed an incident in which nearly 600,000 juvenile fish reportedly died due to a technical error at SalMar's land-based Senja site.

Only 5 of the 100 companies on the list belong to the food production category, and the two salmon farmers occupy the top two spots among them.

Since 2022, the Norwegian group has already owned 51% of the shares and largely operated this previously family-owned salmon farming company.

The Norwegian group saw an overall year-on-year increase of 14%, but volumes in its Icelandic business fell by 41.5%.