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Marine Harvest
Mowi ASA, known as Marine Harvest ASA until January 1, 2019 and as Pan Fish prior to February 6, 2007, is a Norwegian seafood company with operations in a number of countries around the world. The company's primary interest is fish farming, primarily salmon, the operations of which are focused on Norway, Scotland, Canada, the Faroe Islands, Ireland and Chile. The group has a share of 25 to 30% of the global salmon and trout market, making it the world's largest company in the sector. Mowi also owns a 'value added processing' unit, which prepares and distributes a range of seafood products, and a number of smaller divisions. The company assumed its current form as a result of massive expansion in 2006, when Pan Fish ASA conducted an effective three-way merger with Marine Harvest N.V. and Fjord Seafood. The group is headquartered in Bergen and is listed on the Oslo Stock Exchange where it is a constituent of the benchmark OBX Index. For 2023, the company reported revenue of � ...
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Allmennaksjeselskap
is the Norway, Norwegian term for a stock-based company. It is usually abbreviated AS, historically often written as A/S. An AS is always a limited company, i.e. the owners cannot be held Legal liability, liable for any debt beyond the stock capital. Public company, Public companies are called (ASA), while companies without limited liability are called (ANS). All AS companies must have a stock capital of at least Norwegian krone, NOK 30,000. In addition, they must have a board of directors, depending on the size of turnover, balance sheet total or number of employees, an auditor. They may appoint a chief executive officer, managing director (MD) or chief executive (CEO). If the company has assets exceeding NOK 3 million, the board must have at least three members and cannot be chairman, chaired by the MD/CEO. Practically all Norwegian companies have a fiscal year from January to December, but some foreign subsidiary, subsidiaries may have a different fiscal year, as is allow ...
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OBX Index
The OBX Index is a stock market index which lists the 25 most liquid companies on the main index of the Oslo Stock Exchange in Norway. All stocks on the OBX list can be traded with options and futures. The companies on the OBX list are rotated twice a year, on the third Friday of June and December. List of companies in the index The following 25 companies constitute the OBX list as of the semi-annual review effective 23 September 2024. History In 2003 the index showed 100 points. In May 2008 it showed 522 points. Biggest drop in one day The worst performing days for the OBX Index are: See also *List of companies listed on the Oslo Stock Exchange The Oslo Stock Exchange ( Norwegian: Oslo Børs) serves as the main market for trading in the shares of Norwegian companies. It opens at 9:00am and closes 4:30pm local time ( CET). In addition to a wide range of domestic companies, the OSE attrac ... * OSEAX References External linksOBX Index page at Oslo Børs website ...
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Fish Food
Aquarium fish feed is plant or animal material intended for consumption by pet fish kept in aquariums or ponds. Fish foods normally contain macronutrients, trace elements and vitamins necessary to keep captive fish in good health. Approximately 80% of fishkeeping hobbyists feed their fish exclusively prepared foods that most commonly are produced in flake, pellet or tablet form. Some fish foods also contain additives such as sex hormones or beta carotene to artificially enhance the color of ornamental fish. Prepared foods Prepared foods are those foods that are non-living and are made by the aquarist or bought already prepared for consumption for fish. Dry foods Dry food is a type of proprietary or artificially manufactured fish food consumed by a wide variety of tropical and saltwater fish and invertebrates. It is ideally suited to top dwellers and mid-water fish though numerous bottom dwelling species consume flake food once it has settled on the bottom. Flake food is baked ...
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Pound Sterling
Sterling (symbol: £; currency code: GBP) is the currency of the United Kingdom and nine of its associated territories. The pound is the main unit of sterling, and the word '' pound'' is also used to refer to the British currency generally, often qualified in international contexts as the British pound or the pound sterling. Sterling is the world's oldest currency in continuous use since its inception. In 2022, it was the fourth-most-traded currency in the foreign exchange market, after the United States dollar, the euro, and the Japanese yen. Together with those three currencies and the renminbi, it forms the basket of currencies that calculate the value of IMF special drawing rights. As of late 2022, sterling is also the fourth most-held reserve currency in global reserves. The Bank of England is the central bank for sterling, issuing its own banknotes and regulating issuance of banknotes by private banks in Scotland and Northern Ireland. Sterling banknotes issu ...
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Cash And Carry (wholesale)
Cash and carry (or inspect and pay) is a type of operation within the wholesale sector. Overview The main features of cash and carry are summarized best by the following definitions: *Cash and carry is a form of trade in which goods are sold from a wholesale warehouse operated either on a self-service basis or on the basis of samples (with the customer selecting from specimen articles using a manual or computerized ordering system but not serving themselves) or a combination of the two. *Customers (retailers, professional users, caterers, institutional buyers, etc.) settle the invoice on the spot in cash and carry the goods away themselves. *There are significant differences between "classical" sales at the wholesale stage and the cash and carry wholesaler: namely, ''cash and carry'' customers arrange the transport of the goods themselves and pay for the goods on the spot, rather than on credit. *Access to purchase at a cash and carry is typically limited to operators of bona f ...
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Divestment
In finance and economics, divestment or divestiture is the reduction of some kind of asset for financial, ethical, or political objectives or sale of an existing business by a firm. A divestment is the opposite of an investment. Divestiture is an adaptive change and adjustment of a company's ownership and business portfolio made to confront with internal and external changes. Motives Firms may have several motives for divestitures: # a firm may divest (sell) businesses that are not part of its core operations so that it can focus on what it does best. For example, Eastman Kodak, Ford Motor Company, Future Group and many other firms have sold various businesses that were not closely related to their core businesses. # to obtain funds. Divestitures generate funds for the firm because it is selling one of its businesses in exchange for cash. For example, CSX Corporation made divestitures to focus on its core railroad business and also to obtain funds so that it could pay off s ...
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Nutreco
Nutreco N.V. is a Dutch producer of animal nutrition, fish feed and processed meat products. It has about 100 production facilities in more than 30 countries, and eight research centers. The company was founded in 1994 after a Cinven-backed management buyout of the feed and nutrition division of BP. Nutreco was listed on Euronext Amsterdam from 1997 until 2015, when the company was delisted following its acquisition by SHV Holdings SHV Holdings is a privately owned Dutch trading company, regarded as one of the world's largest private trading groups. SHV is a highly diversified company, with interests in transport, retail, oil, food and financial services. It currently employ .... References Manufacturing companies of the Netherlands Food and drink companies of the Netherlands {{Netherlands-company-stub ...
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Booker Cash & Carry Plc
Booker Group Limited is a British wholesale distributor, and subsidiary of Tesco plc. In January 2017, it was announced that the British multinational supermarket retailer Tesco had agreed to purchase the company for £3.7 billion. It was confirmed on 5 March 2018 that Tesco had completed its acquisition of Booker Group Limited. History Origins The company was founded by George and Richard Booker in 1835, when they bought their first ship and established the Booker Line, which focused on shipping goods. It later diversified into the distribution of goods, and gradually disposed of its fleet of ships. With a new focus on wholesale food distribution, the company had over 100 warehouses across the United Kingdom by 1978, and was trading as Booker McConnell Ltd. Among other interests, it operated the sugar industry in Guyana (British Guiana before independence in 1966), running five Booker Line ships, until it was nationalised around 1970. After six months, Booker was called back ...
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Politics Of Canada
The politics of Canada functions within a framework of parliamentary democracy and a federal system of parliamentary government with strong democratic traditions. Canada is a constitutional monarchy where the monarch is the ceremonial head of state. In practice, executive authority is entrusted to the Cabinet, a committee of ministers of the Crown chaired by the prime minister of Canada that act as the executive committee of the King's Privy Council for Canada and are responsible to the democratically elected House of Commons. Canada is described as a " full democracy", with a tradition of secular liberalism, and an egalitarian, moderate political ideology. Extremism has never been prominent in Canadian politics. The traditional "brokerage" model of Canadian politics leaves little room for ideology. Peace, order, and good government, alongside an Implied Bill of Rights, are founding principles of the Canadian government. An emphasis on multiculturalism and social justice h ...
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Scottish Agricultural College
Scotland's Rural College (SRUC; ) is a public land based research institution focused on agriculture and life sciences. Its history stretches back to 1899 with the establishment of the West of Scotland Agricultural College and its current organisation came into being through a merger of smaller institutions. After the West of Scotland Agricultural College was established in 1899, the Edinburgh and East of Scotland College of Agriculture and the Aberdeen and North of Scotland College of Agriculture were both established in the early 20th century. These three colleges were merged into a single institution, the Scottish Agricultural College, in 1990. In October 2012, the Scottish Agricultural College was merged with Barony College, Elmwood College and Oatridge College to re-organise the institution as Scotland's Rural College, initialised as SRUC in preparation for it gaining the status of a university college with degree awarding powers. SRUC has six campuses across Scotland � ...
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Atlantic Salmon
The Atlantic salmon (''Salmo salar'') is a species of ray-finned fish in the family Salmonidae. It is the third largest of the Salmonidae, behind Hucho taimen, Siberian taimen and Pacific Chinook salmon, growing up to a meter in length. Atlantic salmon are found in the northern Atlantic Ocean and in rivers that flow into it. Most populations are anadromous, hatching in streams and rivers but moving out to sea as they grow where they mature, after which the adults seasonally move upstream again to spawn. When the mature fish re-enter rivers to spawn, they change in colour and appearance. Some populations of this fish only migrate to large lakes, and are "landlocked", spending their entire lives in freshwater. Such populations are found throughout the range of the species. Unlike Pacific species of salmon, ''S. salar'' is iteroparous, which means it can survive spawning and return to sea to repeat the process again in another year with 5–10% returning to the sea to spawn again ...
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Competition Commission
The Competition Commission was a non-departmental public body responsible for investigating mergers, markets and other enquiries related to regulated industries under competition law in the United Kingdom. It was a competition regulator under the Department for Business, Innovation and Skills (BIS). It was tasked with ensuring healthy competition between companies in the UK for the ultimate benefit of consumers and the economy. The Competition Commission replaced the Monopolies and Mergers Commission on 1 April 1999. It was created by the Competition Act 1998, although the majority of its powers were governed by the Enterprise Act 2002. The Enterprise Act 2002 gave the Competition Commission wider powers and greater independence than the MMC had previously, so that it could make decisions on inquiries rather than giving recommendations to Government, and was also responsible for taking appropriate actions and measures (known as remedies) following inquiries which had identif ...
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