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Proximar Seafood AS ( (DE:84Q) ) has issued an update.
Proximar Seafood AS has appointed industry veteran Martin Vestergaard as its new Chief Operating Officer, reinforcing its operational leadership as it transitions from initial production toward stable, full-scale commercial output in Japan. Vestergaard, who brings more than two decades of RAS-based fish farming experience from Europe, will oversee day-to-day operations at the Oyama facility and focus on improving technical and biological performance.
Former COO Dharma Rajeswaran will remain with the company as Farming Advisor, ensuring continuity of expertise as Proximar refines and optimizes operations. The strengthened management structure underscores Proximar’s ambition to consolidate its position as Japan’s first producer of locally farmed Atlantic salmon and support growing harvest volumes in a strategically important market.
More about Proximar Seafood AS
Proximar Seafood AS is a Norwegian land-based salmon farming company operating its first production facility at the foot of Mount Fuji in Japan. Using high-quality groundwater near one of the world’s major fish markets, it supplies fresh, same-day harvested Atlantic salmon under the Fuji Atlantic Salmon brand, benefiting from lower logistics costs and a reduced carbon footprint.
Average Trading Volume: 571,922
Current Market Cap: NOK264.8M
For an in-depth examination of 84Q stock, go to TipRanks’ Overview page.