News

With regard to the media coverage relating to the affairs of Samherji I, in my capacity of the company’s legal counsel, wish to make the following statement:

Allegations as to the undercutting of prices from Samherji’s vessels to its subsidiary in Germany are completely unfounded and Samherji in Iceland is not transferring monetary assets out of Iceland to Icefresh GmbH. All assertions to that effect are ridiculous and completely out of step with reality.

“Samherji has in every respect complied with the law both as regards foreign exchange transactions and in other matters. The actions taken by the Central Bank of Iceland yesterday are completely unjustified and must either be based on incorrect information or due to other reasons that we are not aware of” says Þorsteinn Már Baldvinsson, CEO of Samherji hf. As has been revealed, the Foreign Currency Department of the Central Bank of Iceland has conducted a dawn raid on the offices of Samherji hf. The Central Bank of Iceland has not given Samherji’s management any explanation for these actions.

The European Seafood Exhibition has been busy this year and it is clear that we are experiencing a very lively market in the Seafood business. There seems to be a great demand for most species and prices are high.

- Útgerðarfélag Akureyringa established

A sales agreement was signed this weekend between a new Daughter Company of Samherji and Brim Seafood Company, selling Brim´s assets in Akureyri. The new company will be named Útgerðarfélag Akureyringa. The agreement is signed with the reservation of approval due to competitive restrictions.