Fifax Oyj, Company release, 20 January 2022 at 12.00

Fifax has nominated Jarkko Alho as its commercial director and new member of the management team starting 20.1.2022. Alho will be responsible for productization, sales and marketing of Fifax, a forerunner in sustainable land-based aquaculture. Previously Alho has worked in various management positions for example in Heimon Kala, Apetit Kala, and Finnforel. He also has a long experience as an entrepreneur in the fish sector.

”While we continue ramping up our fish production to full speed and invest in expanding our capacity, we are raising the added value of our products and investing in building a strong brand. Jarkko has a broad experience from the fish sector in the Baltic region, covering the whole chain from fishing and farming to production, and all the way to sales and distribution. Him joining us strengthens our team and supports the execution of our commercial strategy. I am happy for being able to welcome Jarkko to our team”, says Fifax CEO Samppa Ruohtula.

“It is exciting to join and develop a company, whose mission is to be a forerunner in large-scale RAS aquaculture, and through this bring environmentally friendly fish to the plates of consumers. Leveraging my own experience in a project like Fifax, where the wellbeing of the environment and sustainability are at the core of everything, is very inspiring!”, says commercial director Jarkko Alho.

For more information:

Samppa Ruohtula
CEO, Fifax Plc
+358 40 559 8812
samppa.ruohtula@fifax.ax

Certified Advisor:
Alexander Corporate Finance Oy
+358 50 520 4098

Fifax in brief

Fifax’s vision is to be a forerunner in large-scale sustainable fish farming with a minimal impact on the environment, so that locally and sustainably produced fish can be enjoyed by its customers all year round.

Established in 2012, Fifax utilizes ultra-intensive Recirculating Aquaculture Systems (RAS) technology based on the principle of an almost completely closed water circulation within the facility, where the fish live indoors in large onshore pools. Indoor pools provide more safeguards against external factors compared to traditional fish farming in water bodies.

The end product (adult slaughtered fish), is transported with the help of logistics partners to fish processors and wholesalers in Åland, mainland Finland and Sweden.

Fifax Plc’s shares have been listed in Nasdaq First North Growth Market Finland.

© Modular Finance, source Nordic Press Releases