First Water, a fish farming company based in Ölfus near Þorlákshöfn, has completed the installation of five pens under the seabed for raising salmon. The company is currently processing five kilograms of salmon per day and exporting it globally. Ómar Grétarsson, the sales and marketing manager at First Water, stated that production capacity is expected to reach 5,000 tons annually by the end of this year, with plans to expand to 160 pens by 2031, capable of producing up to 60,000 tons of salmon yearly. He noted that the company is employing around 90 people and expects continued growth. The salmon is being exported to many countries, with a significant portion going to the United States.
Bias read (Center): The article focuses on a commercial enterprise's operations and does not present any overtly political stance, framing, or controversy. It provides quotes from company management and outlines business developments without taking a position on political issues.




