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Greece aquaculture restructuring

Nireus chairman brands 2013 worst year in company’s history

But despite losses of €75m and a dropping equity, Aristides Belles remains positive about outlook, pointing to encouraging upturn in market and debt restructuring talks with banks

By Eva Tallaksen | April 1, 2014 08:35 BST
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2013 was the worst year in Nireus' history, said its chairman Aristides Belles, as Greece's largest seabass and seabream farmer unveiled large annual losses and falling equity for the year [...]

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