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Mad cow may boost salmon sales

Paul Birger Torgnes, chief executive of Fjord Seafood, thinks countries like Japan will increase salmon imports to replace the American meat.

Paul Birger Torgnes, chief executive of Fjord Seafood, thinks countries like Japan will increase salmon imports to replace the American meat. Fjord Seafood accounts for around 10 percent of the world's production of Atlantic Salmon.

Norwegian seafood exports to Asia last year were valued at NOK 5.4 billion, while exports to North and Latin America amounted to nearly NOK 3 billion.

European markets haven't been affected by the mad cow disease outbreak in the US, as exports of US meat to Europe are minimal.

Associated companies: