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Ný-Fiskur processing facilities. (Photo: VF YouTube)

Icelandic Group starts Ný-Fiskur sales process

  (ICELAND, 9/26/2016)

The Board of Icelandic Group hf. has decided to initiate a sales process of its subsidiary, Ný-Fiskur, located in Sandgerði, Iceland as part of the company´s strategy to simplify its operations.

Ný-Fiskur is one of Icelandic Group’s four subsidiaries, who earlier this month announced the sale of its Spanish subsidiary, Icelandic Ibérica, to seafood producers in Iceland.

Ný-Fiskur specializes in the production and sale of fresh seafood products, processing 6,000 tonnes of raw material annually.

The company’s projected revenues for 2016 amount to ISK 3,000 million (EUR 23 million).

Ný-Fiskur distributes a significant portion of its products, with air freight, to customers in Belgium and other European countries.

The company operates a production facility in Sandgerði, in addition to operating a line boat named Von GK-113, whose quota amounts to 800 tonnes (cod equivalent).

The company employs approximately 70 people and its managing director is Þorsteinn Magnússon.

Related articles:

- Icelandic Group sells Spanish subsidiary to Icelandic producers
- Icelandic Iberica sales process begins


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Information of the company:
Address: Borgatún 27
City: Reykjavík
State/ZIP: (560-7800)
Country: Iceland
Phone: +354 560 7800
Fax: +354 562 1252
E-Mail: info@icelandic.is
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