In 2022 Lerøy and other Norwegian seafood producers are banned from Russia. This was initiated in August 2014 when Russia decided to ban the import of Norwegian seafood in response to sanctions imposed by the US, the EU and others for the annexation of Crimea and later war in Ukraine.
Sanctions adopted by the EU are implemented in Norwegian law on the basis of the Sanctions Act. Violation of the Sanctions Act is punishable and can result in a corporate penalty, Lerøy does not have any trade with Russia.
Since the Russian ban origin from 2014, the economical impact is low. Lerøy have no possibility to mitigate or avoid such bans.
In General Lerøy comply with all regulation of the importing countries to avoid marked bans.