Arvo Sijoitusosuuskunta has awarded Fifax Oyj a short-term financing of approximately €1 million to support its sustainable fish farming production in Åland Islands.

Information on the Target

Fifax Oyj is a pioneering fish producer specializing in land-based aquaculture, located in Eckerö, Åland Islands. Established in 2012, the company focuses on sustainable fish farming using advanced Recirculating Aquaculture Systems (RAS) that promote a nearly closed water cycle. This innovative approach significantly reduces the environmental impact associated with traditional fish farming methods, making Fifax a leader in eco-friendly aquaculture.

The company operates its fish farming in indoor tanks, which provide enhanced protection from external factors and contribute to lower environmental loads and emissions compared to conventional water-based fish farming. This commitment to sustainability positions Fifax as a responsible provider of locally sourced fish available year-round.

Industry Overview in Åland Islands

The aquaculture industry in Åland Islands has been experiencing notable growth in recent years, driven by increasing consumer demand for sustainable seafood. As awareness of the environmental impact of traditional fishing methods rise