Next year, the seafood company Brim will be closing its fish-processing plant in Norðurgarður – in Reykjavík’s Grandi neighbourhood – for a few months, RÚV reports. In order to install new processing belts to increase automation, the plant’s operations will be temporarily moved to Hafnarfjörður.
According to Guðmundur Kristjánsson, CEO of Brim, technological sophistication is, perhaps, the only way for Icelanders to remain globally competitive and to prevent fish-processing plants from moving overseas: “fish-processing plants abroad offer a premium for Icelandic fish, which is processed within the EU, in a more auspicious operational environment.” Kristjánsson adds that although the Grandi plant will employ fewer workers after opening again, their jobs will be more secure.
Brim has been involved in significant business dealings of late. It purchased the fish-processing company Kambur and the fishing company Grábrók, both of which are operated in Hafnarfjörður. The majority shareholder of Kambur and Grábók is a company owned by Hjálmar Þór Kristjánsson, Guðmundur Kristjánsson’s (Brim) brother. The acquisition means that Brim controls a quota that exceeds the fishing capacity ceiling. It has six months to rectify this surfeit.