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Bakkafrost builds Skálavík hatchery to expand Faroese smolt production capacity
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Bakkafrost builds Skálavík hatchery to expand Faroese smolt production capacity
  • Bakkafrost is building its Skálavík hatchery under a DKK 5 billion investment plan for 2026-2030 covering the Faroe Islands and Scotland.
  • Construction remains on budget, with completion scheduled for late 2027.
  • The hatchery will raise Faroese freshwater capacity to approximately 24,400,000 smolt at 500 grams, from around 18,000,000 currently.
  • Scottish investments include site expansions and a new harvesting and processing facility.


Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Bakkafrost P/F published the original content used to generate this news brief via NewsWeb, the disclosure sustem operated by Euronext Oslo (Ref. ID: 202611020000OSLOBORSNEWS__EN_89B6EB5094DCDFCEE19ECD439106AC6), on November 02, 2026, and is solely responsible for the information contained therein.

Disclaimer:This article represents the opinion of the author only. It does not represent the opinion of Webull, nor should it be viewed as an indication that Webull either agrees with or confirms the truthfulness or accuracy of the information. It should not be considered as investment advice from Webull or anyone else, nor should it be used as the basis of any investment decision.
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