Selonda, Dias, Nireus see equity drop by more than €200m in 12 months
Greece’s three largest bass and bream producers have seen their equities fall in the past 12 months, driven by drops in the recorded value of their biomass
Greek bass, bream prices to France drop 20% over 12 months
Import prices of fresh Greek seabass, seabream into France fell by a fifth in the 12 months ending on Sept. 30, 2013, a much steeper drop than that experienced by Spanish imports
Tesco direct sourcing division growing with more seafood buying on agenda
Tesco’s in-house food sourcing division is growing in size and planning to expand its reach in direct buying from producers, with seafood part of the mix, sources say
Dias follows Selonda, Nireus into the red
With losses of nearly two-thirds its sales, Dias completes the picture of bleak times for Greece's three biggest fish farmers
Nireus calls on banks, gov’t to support sector as losses deepen
State must cut red tape and banks must negotiate, says Greece’s largest seabass and bream producer, as low prices and higher raw material costs drive it deeper into red
Selonda expects debt freeze to last until end 2013, as losses grow to more than half of sales
Selonda says freeze on debt repayments is expected to last until negotiations with lenders are completed, as year-to-date losses exceed equity by more than 30%
Uruguayan fish exports could drop 20% due to Nigeria ban
Fish exporters from Uruguay have been cut off their key market, Nigeria, since Oct. 15, official tells Undercurrent News
UAE fish farming group deepens losses in 2013
A higher revenue for the third quarter 2013 saw the firm cut its quarterly losses year-on-year, but group still looks likely to make greater annual losses than in 2012
Uncertain figures: Turkey bass, bream volumes could surpass Greece in 2015
Some juvenile estimates suggest Turkey could surpass Greek production in 2015, though large variations in figures leave room for doubt
Bass, bream hatchery sees prolongued boost after Andromeda acquisition
Piscimar saw sales increase 50% last year, as most business figures have improved since its acquisition by Greek producer Andromeda nearly three years ago