Norwegian seafood industry demands financial support from the government due to high electricity prices

Robert ErikssonPhoto: Stian Lysberg Solum / NTB
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Electricity prices have become a notable burden for several seafood companies, and now the industry fears that jobs will be lost if they do not get help to pay the bills.

At the beginning of February this year, the government and the Socialist Left Party (SV) agreed to provide NOK 500 million in electricity support to farmers who are struggling to pay high electricity bills. 

The seafood companies now demand a similar scheme for their industry.

“The Norwegian seafood industry is already struggling to get access to enough good quality raw material. In addition, we see that an increasing proportion of fish caught in Norway goes straight to auction in Denmark. This happens naturally because the fishers get paid better there than here at home. Sky-high electricity prices will further weaken competitiveness,” Robert Eriksson of the Seafood Companies organization stated.

According to Eriksson, up to 30,000 jobs in the seafood industry have been moved from Norway to Europe in the last 25 years, and he fears that even more jobs will be lost if the industry does not receive support now.

Source: © NTB Scanpix / #Norway Today / #NorwayTodayFinance

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1 Comment on "Norwegian seafood industry demands financial support from the government due to high electricity prices"

  1. David chmura | 15. March 2022 at 13:02 | Reply

    Seafood industry demanding corporate welfare. On January 5th they were blowing their horn about 2021 was the best year ever.

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