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298:. In addition to this, they built a new slaughterhouse in Glyvrar, where the main office also is, which functions as a slaughterhouse, processing plant, and smoke house. At the time it was built in 2014, it was the largest building in the Faroe Islands. This record has now been taken by another building that is built and owned by Bakkafrost, the hatchery and smolt farm in Strond,
341:
In 2018 Bakkafrost finished the building of the world’s largest hatchery and on-land fish farm. The build started in late 2016, and was finished in a little more than a year. The building is just under 400 metres long, has 10 farming halls which are made up of one hatchery hall, one first-phase hall
281:
Bakkafrost was established in 1968 by the three brothers Martin, Hans and Roland
Jacobsen, also named "á Bakka" instead of Jacobsen, which refers to the place name Á Bakka, where they come from. The current CEO since 1989 is Regin Jacobsen, also known in the Faroe Islands as Regin á Bakka, he is the
319:
In April 2011 Bakkafrost bought the
Faroese company Havsbrún for 1.1 billion Danish kroner. After this, Bakkafrost could control the whole chain of production from the salmon feed, to the further processing of the salmon. In 2010, before the Havsbrún was merged with Bakkafrost, Havsbrún's turnover
356:
In 2021 Bakkafrost announced that they would be starting their own aircraft service to transport their finished products to the United States, and other countries, starting out by buying one Boeing 767-200. This makes
Bakkafrost the first Fish farming company in the world to own and operate an
323:
In
September 2014 Bakkafrost was worth 6.1 billion Danish kroner. At the same time, Regin Jacobsen and his mother Oddvør Jacobsen became the first billionaire-family in the Faroe Islands, when their Bakkafrost-shares of 9,2% and 9,4% were worth 1.1 billion Danish kroner.
285:
In 2009, Bakkafrost produced 30.650 ton gutted weight. They had 14 licenses in 13 fjords in the Faroe
Islands and owned 44% of all fish farming licenses in the Faroe Islands, mainly in the central and northeastern part of the islands. Bakkafrost has slaughterhouses in
320:
was 823 million Danish kroner, and the operating profit was 238 million Danish kroner. Havsbrún at that time also owned 33,3% of
Hanstholm Fiskemelsfabrik AS in Denmark, along with 78,1% of the shares in the salmon farming companies Faroe Farming and Viking Seafood.
272:
Regin
Jacobsen and his mother Oddvør Jacobsen are the main owners of Bakkafrost, Oddvør Jacobsen owns 7.77% of the shares and Regin Jacobsen owns 7.81% of the shares. There are currently more than 3000 different share owners from 22 countries.
327:
In 2014 Bakkafrost sold 44,013 tons of salmon, and the same year the company had a profit of 899 million Danish kroner before taxes, the company paid 255 million in taxes, so after taxes the profit was kr 647 million.
282:
son of Hans
Jacobsen (Hans á Bakka), while the current CFO Høgni Dahl Jakobsen is the son of Martin Jakobsen. The first ten years they worked with herring, but in 1979 they started to work with salmon farming.
360:
In 2022 Bakkafrost will receive their newest addition to their ship fleet, a new wellboat which will be 109 meters long and 22 meters wide. It has a capacity of 10.000 m3. This will be the company’s 8th ship.
269:. Bakkafrost is the largest fish farming company in the Faroe Islands, and is the biggest private employer in the islands. Bakkafrost is the third-largest fish farming company in the world.
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aircraft service, and the only fish farming company in the world to own all of the value chain, from roe and feed production to processing, ship operations, and transport service.
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In March 2015 Gøtuvík (the bay of Gøta) became the first fish farm in the Faroe
Islands to carry ASC certification, which is an internationally recognized standard backed by the
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In early 2022, due to the
Russian invasion of Ukraine, Bakkafrost stopped permanently selling salmon to Russia. On 22 June 2022, the company announced that it had acquired a
342:
with 12 vessels, two second phase halls with 8 vessels each, 2 third-phase halls with 6 vessels each, and four large fourth-phase halls with 4 1600 cubic-metre vessels each.
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On 28 May 2015 Bakkafrost shares were sold for 206 Norwegian kroner. On the same day the worth of Bakkafrost grew to kr.10 billion, a record high.
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cargo plane to use in shipping salmon from the Faroe Islands to the United States, enabling same-day distribution.
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624:. Foreign Service of the Prime Minister's Office of the Faroe Islands. 26 March 2015. Archived from
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the company merged with another Faroese company, Vestlax, which was also a salmon farming company.
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656:, Tók enn ein varða: Bakkafrost hevur nú eitt virði uppá tíggju milliardir krónur.
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545:(in Norwegian). Norsk Fiskeoppdrett. 16 February 2010. Archived from
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302:. This hatchery is also currently the world’s largest hatchery.
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IntraFish.com | Latest seafood, aquaculture and fisheries news
725:"Bakkafrost gevst at selja til Russlands: – Vit eru skelkað"
220:
570:, published on 14 April 2011. Accessdate 9 February 2015.
436:"Hesi eiga Bakkafrost – meira enn 3.000 partaeigarar"
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A few months before Bakkafrost was registered on the
611:, written by Eirikur Lindenskov on 24 February 2015.
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In 2019, Bakkafrost bought all of the shares in the
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602:in.fo - Bakkafrost metúrslit upp á 899 milliónir
519:"Salmon farmers eye Oslo Stock Exchange listing"
464:. Fishupdate.com. 7 October 2014. Archived from
312:On 26 March 2010 the company was registered on
581:"Færøsk lakseeventyr skaber milliardærfamilie"
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950:Food and drink companies established in 1968
494:(in Norwegian). 9 March 2010. Archived from
236:. On this photo is the captain of the team,
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945:Companies listed on the Oslo Stock Exchange
920:Companies listed on the Oslo Stock Exchange
692:"Bakkafrost byggir nýggjan hybrid brunnbát"
517:Robinson (s_robinson), Steve (2010-01-13).
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583:(in Danish). Business.dk. 8 September 2014
462:"Bakkafrost Chief Financial Officer quits"
25:
18:
705:Joensen Dahl, Arnfríð (6 November 2019).
960:1968 establishments in the Faroe Islands
438:(in Faroese). Vinnuvitan. Archived from
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199:and around 3050 others from 22 countries
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543:"Bakkafrost er klare til å gå på børs"
434:Reyðberg, Eyðfinn (24 February 2015).
413:List of companies of the Faroe Islands
232:Bakkafrost is the main sponsor of the
7:
955:Danish companies established in 1968
622:"Bakkafrost fish farm ASC certified"
568:Fish.fo - Bakkafrost kjøper Havsbrún
234:Faroe Islands national football team
970:Food and drink in the Faroe Islands
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667:"Føroyingar gera nýtt flogfelag"
488:"Frister med lusefri lakseaksje"
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83:Martin, Hans and Roland Jacobsen
707:"Lumpfish farm opens in Svínoy"
975:Companies of the Faroe Islands
16:Faroese salmon farming company
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408:Economy of the Faroe Islands
965:Seafood companies of Europe
240:, with the Bakkafrost-logo.
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940:Companies in the OBX Index
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364:Bakkafrost owns 40% of a
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347:Scottish Salmon Company
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115:, Høgni Dahl Jakobsen
837:Gjensidige Forsikring
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468:on 25 September 2015
400:Faroe Islands portal
842:Lerøy Seafood Group
727:. 28 February 2022.
498:on 20 December 2010
314:Oslo Stock Exchange
307:Oslo Stock Exchange
205:Number of employees
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907:Yara International
652:2015-10-02 at the
607:2015-08-18 at the
290:and on the island
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150:5,554 million DKK
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628:on 28 August 2015
549:on 10 August 2014
353:, Faroe Islands.
261:on the island of
257:company based in
238:Fróði Benjaminsen
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180:964 million DKK
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160:Operating income
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123:, Rúni M Hansen
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673:. 2021-07-19
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632:23 September
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369:cleaner fish
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288:Kollafjørður
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88:Headquarters
34:Company type
857:Norsk Hydro
797:BW Offshore
934:Categories
918:See also:
882:Storebrand
807:Bakkafrost
677:2022-08-22
528:2023-12-14
419:References
380:Boeing 757
366:lumpsucker
175:Net income
103:Key people
897:TGS-NOPEC
877:Schibsted
832:Frontline
647:Fiskur.fo
46:Traded as
887:Subsea 7
650:Archived
605:Archived
386:See also
371:farm in
263:Eysturoy
139:Products
127:Chairman
80:Founders
62:Industry
892:Telenor
827:Equinor
792:Aker BP
292:Suðuroy
277:History
265:in the
259:Glyvrar
255:farming
249:Faroese
217:Website
197:(7.77%)
193:(7.81%)
147:Revenue
129:of the
92:Glyvrar
72:Founded
867:SalMar
802:BW LPG
776:Norway
492:E24.no
373:Svínoy
351:Borðoy
300:Borðoy
252:salmon
211:(2021)
209:1,653
182:(2021)
167:(2021)
152:(2021)
142:Salmon
38:Public
902:Tomra
862:Orkla
822:Entra
671:in.fo
296:Vágur
247:is a
188:Owner
131:board
56:BAKKA
847:Mowi
787:Aker
634:2015
589:2015
555:2015
504:2015
474:2015
448:2015
75:1968
852:NEL
817:DNO
812:DNB
772:OBX
333:WWF
119:CFO
111:CEO
52:OSE
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