AKVA group ASA and OJSC «Russian Sea Group» announce the signing of the contract for complete AKVA Cage Farm to be installed in the operations of Russian Sea-Aquaculture LLC in the Murmansk region. The farm will have annual production capacity up to 5,000 tons of salmon. The contract total value stands at 25.4 MNOK and is to be delivered in Q1 and Q2 2012.
Dated: 20 January 2012
AKVA group ASA
Web: www.akvagroup.com
CONTACTS:
| Trond Williksen | Chief Executive Officer |
| Phone: | +47 51 77 85 00 |
| Mobile: | +47 91 63 01 73 |
| E-mail: | twilliksen@akvagroup.com |
| Eirik Børve Monsen | Chief Financial Officer |
| Phone: | +47 51 77 85 00 |
| Mobile: | +47 91 63 98 31 |
| E-mail: | emonsen@akvagroup.com |
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AKVA group is the leading provider of technology to the global fish farming industry and the only with global distribution. The products consist of software systems, operational equipment and sensor systems, feed systems, cage systems, net cleaning systems, light systems and recirculation aquaculture systems.