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Gigante Salmon AS ( (DE:96M) ) just unveiled an announcement.
Gigante Salmon has successfully completed its first harvest from trial production, achieving a total harvest volume of 694 tons HOG, surpassing the expected 650 tons. The company is in the final phase of constructing its facility, with two out of three production basins completed, and plans to release 2.2 million smolt in the third quarter of 2025, aiming for a full annual capacity of approximately 16,000 tonnes HOG by 2028.
More about Gigante Salmon AS
Gigante Salmon is a land-based salmon farming company with its first production facility under construction on Lille Indre Rosøy in Rødøy, Norway. The company employs a unique aquaculture concept based on a flow-through system, which combines the benefits of conventional and land-based aquaculture while addressing issues associated with traditional sea-based farming.
Average Trading Volume: 22,563
Current Market Cap: NOK1.46B
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