The MIKON flagship program in the Fram Centre is using both social and environmental sciences to examine how High North industrial development will affect the natural world, regional societies like the Sami and economic activity.
The company is closing down its biggest mine in the Kola Peninsula following plummeting raw material prices. Consequences will be dramatic for Zapolyarny, the industrial town located along the border to Norway.
The Faroese economy benefits greatly from its monopoly of the Russian salmon market. The islands’ biggest marine produce company, Bakkafrost, has seen its stock surge about 100 percent over the past year, including re-invested dividends.