As part of the company’s long-term investment plan, Bakkafrost signed an agreement with Nofitech to expand the Glyvradal smolt hatchery by 13,000 m3. The annual production of the Glyvradal hatchery is expected to increase to 4 million smolts when the expansion project is completed.
The expansion of the Glyvradal hatchery capacity is part of Bakkafrost’s strategy to farm the salmon for a longer period on land. The goal is to reach an average smolt size of 500 grams and reduce the farming period at sea down to 12 months by 2022.
“With the expansion of the Glyvradal smolt hatchery, we are one step closer to achieving our overall goal to farm our salmon for a longer period on land,” said Regin Jacobsen, CEO at Bakkafrost. “This is part of our strategy to farm superior salmon in a sustainable way with minimal biological risk.”
“We are delighted with the partnership with the Faroese salmon farming company, and humbled that Bakkafrost has given us the opportunity to be in the lead of this visionary project and to be part of the exciting development in the industry of salmon farming,” Nofitech said.
Bakkafrost is currently also expanding the smolt hatcheries at Viðareiði and Norðtoftir. With the expansion of the three smolt hatcheries, Bakkafrost increases the total smolt capacity by 30,000 m3.