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HB Grandi

HB Grandi
Public OMX
Industry Fishing industry
Headquarters Reykjavík, Iceland
Products Various seafood products
Increase US$ 225.5 million (2011)
Number of employees
920
Website www.hbgrandi.com

HB Grandi is a fishing and fish processing company in Iceland. HB Grandi's headquarters are in Reykjavík where its office and groundfish production are located. The company also runs fish processing plants in two other towns in Iceland, Akranes and Vopnafjörður.

The company currently operates three freezing vessels, four wetfish trawlers and three pelagic vessels and runs fish processing plants in Reykjavík, Akranes and Vopnafjörður. HB Grandi markets its products worldwide, products made from both groundfish and pelagic fish caught and processed by the company. In 2013 the company was awarded the Icelandic Presidential export award.

HB Grandi is a publicly traded company on the Main Market of NASDAQ OMX Iceland, having over 2.700 shareholders.

HB Grandi owns and operates a facility in Norðurgarður, Reykjavík which processes saithe and redfish. The facility produces both fresh products that are shipped via flight or by sea as well as land-frozen products. The facility employs 170 people and processed around 19,000 tons of raw material in 2013. The main office of the company is also located in the same building as the processing plant. The main office is divided into four offices with fifty employees; financial department, marketing department, groundfish department and pelagic department.

At Akranes HB Grandi operates another groundfish processing plant. The plant specializes in the processing of cod, producing loins and tails and fillets. As in Nordurgardur the Akranes facility produces both fresh products that are shipped daily via flight or sea as well as frozen products. The plant employs 85 persons and used 4.800 of raw material in 2013. However, because of the company‘s increased land production the Akaranes plant will process a great deal more of material in 2014.

HB Grandi operates four wetfish trawlers and together they provide the company‘s two groundfish plants with fish. The trawlers catch cod, saithe and redfish. In 2013 the company operated three wetfish trawlers with a total of 19.000 tons of catch. At the end of 2013 HB Grandi's Freezer trawler Helga María was converted into a wetfish trawler, having previously been a freezer trawler.

HB Grandi’s freezer trawlers are large and well equipped vessels that catch and produce Greenland halibut, redfish, cod, haddock, saithe, silver smelt and mackerel as well as various other species. The catch is processed as soon as it comes on board and each species goes through a specific process to ensure quality; size-graded, whole frozen, filleted, IQF or headed and gutted . The result is a great quality product from the pristine and unpolluted sea around Iceland. In 2013 HB Grandi’s five freezer trawlers caught a total of 33.500 tons.


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