GC Rieber, a global supplier of omega-3 concentrates, recently announced that the GC Rieber Foundations have increased ownership in the GC Rieber Group to nearly 50%, which means that nearly 50% of the company’s annual earnings will go back to social, cultural, and scientific contributions.
 
“Our vision today, as it has been for over 140 years, is driven by the desire for economic, human, and social development. The GC Rieber Foundations support people of all ages who require additional attention,” said Paul-Christian Rieber, GC Rieber CEO. “From 2022 on, it is fair to say that nearly every second dollar earned by GC Rieber will be distributed to the social projects supported by GC Rieber Foundations.”
 
The nonprofit arm of the company manages philanthropic and charitable contributions to various cultural and scientific projects, including social welfare, arts, research programs, and outdoor life. The added funding will allow GC Rieber to increase its impact and assist people in a number of initiatives, including:
 
– The Children’s Physiotherapy Center, which specializes in child and adolescent physiotherapy, manual therapy, psychomotor physiotherapy, and clinical neurological physiotherapy. The positive results from treatment provided at the center are published in the European Journal of Physiotherapy. In 2018, the GC Rieber Foundations granted approximately 1 million NOK (over $99,000) in treatments;
 
– Healthier Fish Oil, a cooperative project with Haukeland University Hospital to research high-dose omega-3s treatments and their impact on inflammation;
 
– Helgeseeter, a program established by the Rieber family in 1954 to provide housing and education to children with special needs who did not have a good offer from the public sector at the time. Today, Helgeseter offers a therapeutic social space for children and adults;
 
– And Helgetun, a housing project for social and active seniors, where the goal is for residents to stay mentally and physically healthier, have lower medication use, and remain at home for longer that average. Helgetun is the largest investment project of the GC Rieber Foundations.
 
“The vision and values of GC Rieber have always been about creating joint futures,” said Chris Hachey, US business development manager of GC Rieber VivoMega. “Social responsibility and sustainable development are cornerstones of our business, and we are thrilled to be able to announce this new development within the GC Rieber family and be able to make a larger social impact.”