New company to secure employment in Flateyri Skip to content

New company to secure employment in Flateyri

Oddatá efh. has reached an agreement with Kambur ehf. to buy all its properties and equipment in Flateyri, in Iceland’s Westfjords. Oddatá was specifically founded to secure employment for the local residents.

The fish processing plant Kambur is the largest employer in Flateyri (pop. 350). The company recently announced that it would sell its quota away from the town, putting about 30 percent of the town’s inhabitants at risk of losing their jobs, Bladid reports.

Some of Kambur’s operations were not dependent on quota, but involved buying and processing fish from fish markets and local fishermen. The management of Oddatá is planning to take over that part of Kambur’s operations.

“I’m not going to claim that it’ll be easy,” said Kristján Erlingsson, a fisherman and one of Oddatá’s owners. “But we wouldn’t have done it unless we thought we had a chance at reaching our goals.”

Erlingsson said Oddatá’s success depends on whether they can find a partner to cooperate on making use of Kambur’s facilities.

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