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50% FISK-owned shrimp plant given extension on bankruptcy talks

The plant at Holmadrangur in Iceland is operating on a contract basis, but is sitting on considerable debt, it is understood

By Neil Ramsden | Nov. 29, 2018 09:59 GMT
Rough seas. Credit: Oskar Porkka/Shutterstock.com
Rough seas. Credit: Oskar Porkka/Shutterstock.com
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A coldwater shrimp plant in Iceland, 50%-owned by FISK Seafood, has been given an extension on bankruptcy proceedings while negotiations with creditors continue, a source based in Iceland told Undercurrent News [...]

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Contact the author neil.ramsden@undercurrentnews.com

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