Turbot, sole and sturgeon farmer was boosted by a 13% increase in turbot sales in Q3, while the bottom line recovered on positive fair value assessment 

By Alicia Villegas

Pescanova could end up keeping its Portuguese turbot farm Acuinova, after creditor banks agree to enter talks to refinance subsidiary, dropping previous plans to take it over and sell it

However, equity still in the red as Spanish group, now under the control of banks, made a small gain on revenues of €434m in the first six months of 2014

By Eva Tallaksen

Lower salmon volumes in Norway led a 68,000t drop in European production in 2013, with Greece only significant producer to experience any growth driven by 16% hike in seabass

Spanish fishing company asks Portuguese entities for more time and funding to ensure the survival of the turbot plant in Mira

By Victor Jimenez

Apromar suggests updating rules in EU countries picking up lessons learnt in both Norway and Scotland from their farmed salmon industry

Pescanova has mandated PriceWaterhouseCoopers, which was also in charge of first viability plan for the Spanish seafood group, to sell its stake in Acuinova

Company swings to a loss in second quarter of the year, blaming bankruptcy of its main competitor for causing forced sale of small fish at low prices

By Victor Jimenez

Acuinova incurred debts of €99.8 million with four Portuguese banks, which are now assessing options for the farm, including a sale

Stolt Sea Farm reported a drop in turbot prices which it attributed to competitors selling low, because of production problems