Cermaq is joining the UN Global Compact.

Cermaq is joining the UN Global Compact.

ID: 52228

(Thomson Reuters ONE) -


(Oslo 2011.03.08) In February Cermaq formally joined the UN Global Compact (GC)
by sending a letter of commitment to the Secretary General of the UN. However,
adhering to the principles of Global Compact is not new; these principles are
basic and already integrated in Cermaq's operations.

 -   Formally joining Global Compact does not change our way of operating, we
are already adhering to these universal principles. We believe that when
entering new markets like Vietnam it is useful to demonstrate our recognition of
the UN initiative, says CEO of Cermaq Geir Isaksen.

In December 2010, Cermaq entered feed production in Vietnam by obtained 51
percent of the shares in a joint venture company with the local partner, Anova
Corporation. By this agreement the feed division, EWOS, enters the feed market
for farmed Pangasius.

The ten principles of Global Compacts cover the four areas; Human Rights,Labour,
Environment, and Anti-Corruption.



Further information - please contact:
Lise Bergan, Corporate Affairs Director, phone: + 47 23685030, mobile: +
47 93251114

About Cermaq
Cermaq is an international group of companies with activities in fish farming,
production of salmonid feed and research in aquaculture. Cermaq has operations
in Norway, Chile, Canada and Scotland, the main geographic regions for salmon
and trout farming. Through its business unit EWOS, Cermaq ranks as the world's
second largest producer of feed for salmonids. The business unit Mainstream is
one of the world's leading farming companies of salmon and trout. The group had
sales of around 10 billion in 2010, and employed ca. 3 500 employees at year end
2010. Cermaq is listed on the Oslo stock exchange with ticker code
CEQ.www.cermaq.com







This announcement is distributed by Thomson Reuters on behalf of




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originality of the information contained therein.

Source: Cermaq ASA via Thomson Reuters ONE

[HUG#1495253]


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Bereitgestellt von Benutzer: hugin
Datum: 08.03.2011 - 09:40 Uhr
Sprache: Deutsch
News-ID 52228
Anzahl Zeichen: 2500

contact information:
Town:

Oslo



Kategorie:

Business News



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"Cermaq is joining the UN Global Compact."
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