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.