Marine Harvest

Marine Harvest ASA (formerly Pan Fish ASA) is a Norwegian food company with headquarters in Oslo and the largest farmed salmon company in the world. The company is listed on the OBX index, and was formed in 2006 from the merger of Pan Fish ASA with Marine Harvest NV and Fjord Seafood. On 6 February 2007, Pan Fish ASA called for in Marine Harvest ASA.

Marine Harvest is doing business in the countries of Norway, Scotland, France, Canada, Chile, Japan and the Faroe Islands. The group includes, among others, the subsidiary Fjord Seafood and Kritsen.

Divisions

In Norway, the company employs 260 people (2006) and holds approximately 60 permits for fish farms in Møre og Romsdal and Sogn og Fjordane. Marine Harvest has in Norway and the company Fjord Seafood and 44 percent of the company Aalesundfisk. The headquarters are located in Oslo.

In Scotland, Marine Harvest has 27 permits for fish farms on the west coast of Scotland in Paisley and has approximately 170 employees (2006) there. In Canada, Marine Harvest has 32 permits for fish farms in British Columbia in Campbell River and has approximately 220 employees (2006) there.

In the Faroe Islands, the company has 11 permits for fish farms in Hellumar and employs approximately 20 employees there. In France, Marine Harvest operates a factory for the production of smoked salmon in Brittany and the company owns Kritsen. The company employs some 166 employees (2006). Marine Harvest has a sales office with 7 employees in Japan.

Company History

Pan Fish was founded in 1992. Company goal is to acquire as many fish farms worldwide. Since 1997, Pan Fish is listed on the Oslo Stock Exchange. In early 2000, the company due to low prices in the fish market financial difficulties and sold parts of their business.

2005, led by John Fredriksen company Geveran Trading Company controlled about 47 percent of Pan Fish. 2006 saw the merger of Pan Fish ASA with Marine Harvest NV and Fjord Seafood. On 6 February 2007, Pan Fish ASA called for in Marine Harvest ASA.

In 2013, Marine Harvest took over the world's biggest producer of smoked salmon, the Polish Morpol group. In addition, Marine Harvest announced an offer to acquire the Norwegian farmed fish and fish feed company Cermaq.

Ecological problems

Marine Harvest is to operate in Chile salmon farms in disregard of environmental, legal, social and medical standards, guidelines and laws. This accusation brought Marine Harvest in January 2014 nominated for the Public Eye Award. This " award" is awarded annually to a company that is accused of the business practices that contribute to the violation of human and labor rights, corruption and / or environmental degradation. In the " Hall of Shame" there are international companies such as Shell, Goldman Sachs, Barclays and Vale.