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Greece aquaculture restructuring Sept. 10, 2014 9:16 AM
New law promises to cut red tape, speed up license application for Greek fish farmers

By Eva Tallaksen

Amid tough times for Greece's aquaculture, industry welcomes new law that could cut time needed to obtain a license from three years to just one year, and hopes it will boost for sector's competitiveness

Greece aquaculture restructuring Sept. 1, 2014 10:32 AM
Nireus in red due to €19.3m hit in biomass value; equity down 69% y-o-y

But Greece's largest bass and bream farmer still positive about market as it says talks with banks should result in solution shortly, and expects increase in sales prices

Greece aquaculture restructuring June 10, 2014 8:33 AM
Slow progress in debt restructuring deals for Greek aquaculture industry

Banks and other financial entities bearing debt from fish farming companies still are unwilling to face further risks helping sector to keep afloat

Greece aquaculture restructuring April 1, 2014 8:35 AM
Nireus chairman brands 2013 worst year in company’s history

By Eva Tallaksen

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

Greece aquaculture restructuring Feb. 13, 2014 5:36 PM
Nireus acknowledges biomass assessment; urges end to rumor mongering

On the same day as Dias, Nireus acknowledges the biomass assessment by Akvaplan-Niva, but it also urges an end to 'rumors and speculation'

Analysis Feb. 13, 2014 10:18 AM
Dias acknowledges banks ordered biomass assessment by Akvaplan-Niva

By Eva Tallaksen

Greek bass and bream farmer is first to recognize existence of biomass assessment by Norwegian consultancy, saying it was condition in deal with banks to restructure debt

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