SalMar ASA is a Norwegian

fish farm Fish farming or pisciculture involves commercial breeding of fish, most often for food, in fish tanks or artificial enclosures such as fish ponds. It is a particular type of aquaculture, which is the controlled cultivation and harvesting of aq ...

company and one of the world's largest producers of farmed salmon. The company's main activities include marine-phase farming, broodfish and smolt production, processing and sale of farmed salmon. It holds 100 licenses for production of

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. Atlan ...

in Norway, located in

Trøndelag Trøndelag (; or is a county and coextensive with the Trøndelag region (also known as ''Midt-Norge'' or ''Midt-Noreg,'' "Mid-Norway") in the central part of Norway. It was created in 1687, then named Trondhjem County (); in 1804 the county was ...

Nordmøre Nordmøre () is a Districts of Norway, traditional district in the Norway, Norwegian county of Møre og Romsdal. The area comprises the northern third of the county including the List of municipalities of Norway, municipalities of Kristiansund Mu ...

and, through its subsidiary Senja Sjøfarm AS,

Troms Troms (; ; ; ) is a Counties of Norway, county in northern Norway. It borders Finnmark county to the northeast and Nordland county in the southwest. Norrbotten Län in Sweden is located to the south and further southeast is a shorter border with ...

. It also owns 50% of Norskott Havbruk which operates fish farms as Scottish Sea Farms. The company is based in

Frøya Municipality Frøya is the westernmost List of municipalities of Norway, municipality in Trøndelag Counties of Norway, county, Norway. It is part of the Fosen Districts of Norway, region and consists of the Frøya (island), island of Frøya, which lies nor ...

and is listed on the

Oslo Stock Exchange Oslo Stock Exchange () (OSE: OSLO) is a stock exchange within the Nordic countries and offers Norway's only regulated markets for securities trading today. The stock exchange offers a full product range including equities, derivatives and fixed ...

since 2007. The company was founded in 1991, its main shareholder is today the founder's son

Gustav Magnar Witzøe Gustav Magnar Witzøe (born February 8, 1993, in Frøya Municipality) is a Norwegians, Norwegian billionaire and significant shareholder of salmon fish farming company SalMar, SalMar ASA. He is one of the youngest billionaires in the world, his f ...

. SalMar sells farmed salmon across Asia, the United States, Canada, Russia and Norway.

Offshore fish farming

SalMar created an offshore fish farm pilot project called Ocean Farm 1. This farm has operated off the coast of the island of Frøya since 2017. It was towed back to a shipyard in 2022 for some improvements and repairs then returned to its original location. It uses a structure 69 meters tall & 110 meters in diameter with a volume of 250,000 cubic meters to produce around 6000 tonnes a year of salmon. The company plans a Smart Fish Farm with a larger 22.7 tonne per year production capacity.

References

External links

Official site
Food and drink companies of Norway Companies based in Trøndelag Food and drink companies established in 1991 Companies listed on the Oslo Stock Exchange 1991 establishments in Norway {{Norway-company-stub