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Pescanova

Novanam leads Pescanova African subsidiaries in breaking ties with parent

Novanam showed strong profits among Pescanova's African divisions after cutting sales dependence on Pescanova Francia, Pescafina and Pescanova Alimentacion

By Victor Jimenez | Nov. 4, 2013 08:13 GMT
Pescanova
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Pescanova Angola's financial results in the first third of 2013 delivered a lesson to its African peers, subsidiaries of the distressed Spanish seafood group: a high dependence on the parent company will ruin your balance sheet [...]

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