“We will wait for more clear understanding of the announcement of last week and the final proposal for the resource rent tax and associated regulations,” stated CEO, Steven Rafferty, this week.

Cermaq was Norway’s fourth biggest producer of salmon last year, harvesting 92,000 tonnes, putting it well over the 5,000-6,000 tonne tax exemption suggested by the government, should the law be passed by the Norway’s parliament, the Storting.