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    Home > Food News > Food Articles > Norway's B2B seafood online trading platform declared bankruptcy

    Norway's B2B seafood online trading platform declared bankruptcy

    • Last Update: 2022-11-14
    • Source: Internet
    • Author: User
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    On November 4, JET Seafood, the holding company of the Norwegian seafood online trading platform SeafoodPortal.
    com, opened bankruptcy proceedings, and in its most recent fiscal year (2020), the company had a turnover of only NOK
    16,000.
     
    JET Seafood was founded in 2018 by Eirik Talhaug, a major customer
    of Mowi, the world's largest salmon producer.
    JET also hired Achim Eichenlaub, former CEO of Regal Springs, a well-known tilapia company, as chairman
    of the board.
     
    JET Seafood's majority shareholders include Talhaug Holding (28.
    7%), link Two GP (16.
    2%), Millarium Invest (11.
    5%) and link One GP (8.
    7%)
    .
    In February, the company said it would develop a new digital B2B trading platform involving salmon, pollock, haddock, shrimp, tilapia and pollock, with chilled, frozen, fillet and by-products
    .
     
    Initially, JET Seafood's vision was to revolutionize the Norwegian seafood trade market through a B2B sales model
    .
    However, in May, JET was forced to lay off 40% of its employees, saying that "due to external factors such as the war in Ukraine and inflation, the company failed to raise the expected amount of funds, so it decided to lay off employees
    in Norway.
    " ”
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