Rauma Group AS is a fully integrated producer of Atlantic salmon from ova and all the way to processed products. The company has its facilities and sites in the Romsdal’s region on the northwest of Norway. The headquarter is placed in Sjøholt, Ørskog.
The Rauma Group AS is the holding company and consists of:
Rauma Broodstock AS (100%) – brood-stock and ova production
Rauma Sætre AS (100%) and Rauma Eik AS (100%) – production of fry and smolts in freshwater
Rauma Misund AS (100%) – farming in sea
Vikenco AS (51%) - processing and sale
The production is approx. 8,000 tons round weight (E09), and a turnover of NOK 350 million (E09). The company has eight licenses for farming included brood-stock.
Cod captures register strong decline off New England United States
Since a while ago, the United States has been forced to import cod from Norway, Russia or Iceland in the north Atlantic due to the decline of the fishery in New England, where the federal government has reduced capture quotas.
Two subsidiaries of Pacific Andes request to be declared bankrupt Hong Kong
As part of its restructuring process, Pacific Andes International Holdings (PAIH) announced that two indirect subsidiaries, Golden Target Pacific Limited and Nouvelle Foods International Limited, have filed a voluntary petition for relief under Chapter 11 of the United States Bankruptcy Code.