Aqua Corporation Public Co. Ltd. (AQUA.R)

Overview

Public Joint Stock Company Inarctica, previously known as PJSC Russian Aquaculture, operates within the fish farming industry in Russia. Founded in 1997 and based in Murmansk, Russia, the company has established itself in aquaculture focusing on the cultivation of key marine species. In August 2022, it underwent a rebranding to its current name, signaling perhaps a new phase in its operational strategy or market focus. This rebranding reflects the company's ongoing adaptability and commitment to its role in the aquaculture sector, leveraging Russia's vast aquatic resources for sustainable fish farming practices.

Products and Services

Inarctica's offerings encapsulate a focused range of aquaculture products, primarily centered on the cultivation of Atlantic salmon, sea trout, and lake trout. Each species represents a significant segment of the aquaculture market, with specific breeding, farming, and harvesting practices associated with it.

• Atlantic salmon - A highly popular choice for aquaculture due to its market demand, nutritional value, and consistent growth rates. Inarctica utilizes sustainable farming practices to ensure the health and quality of the salmon, catering to both domestic and international markets.
• Sea trout - Another important species for the company, sea trout are farmed for their taste and texture, which are similar yet distinct from salmon. This diversifies Inarctica's product range, offering customers a broader selection of high-quality fish.
• Lake trout - While sharing similarities with the other two species, lake trout farming by the company further extends its aquaculture capabilities. This species typically thrives in colder, freshwater environments, requiring different farming techniques and providing another niche product in Inarctica's portfolio.