The Group constitutes an international network of independent companies, each operating in its own market area in the production and sale of seafood products. In the United States, United Kingdom, France, Denmark and Germany the Group operates processing plants for value added products but in addition there are the sales and marketing companies selling natural seafood products. The sales and marketing companies are located in the United States, United Kingdom, France, Spain and Japan.
Icelandic Group has an annual turnover of about Euro 1 billion. The Company has three main business segments; primary processing, value added processing, and sales and marketing, representing 6%, 69% and 25% of total sales respectively.
Icelandic Group fully owned by Vestia HoldingVestia Holdings ehf. (Vestia), a subsidiary of the Icelandic bank NBI hf., has assumed 100% ownership of Eignarhaldsfelagið IG ehf. (IG Holdings ehf), the parent company of Icelandic Group. This will have no effect on Icelandic Group´s business activities or daily operations but provide strong support to the Group's management in realizing the company's full capabilities.
The Norwegian Pelagic Fishing Course in Week 18 Norway
Still low activity in the sandpiper fishery and modest catches of other species, despite some larger catches of coal mullet.
Blue whiting:
17,645 tonnes registered from 12 different boats. Large p...
Thai Union records 1Q24 net profit of USD 32.49 M Thailand
Net profit increased 53.9 percent from 1Q23 adjusted net profit to THB 1.2 billion (USD 32.49 M) due to a healthier operating profit
Gross profit margin improved to 17.3 percent, with stron...
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