The Lithuanian fish processing company, Port Lite, has invested EUR 80mn in a new salmon processing plant in the Latvian port city of Liepaja, Baltic News Network reports. Sigitas Ambrazevicius, founder and owner of Port Lite, said that the 15,000 m2 plant would process around 25,000 tonnes of salmon per year. The company will sell…
Ukraine’s National Agency on Corruption Prevention (NAZK) has added Lithuanian fish processor Viciunai Group to its list of “International Sponsors of War,” BNS reports. NAZK stated that Viciunai Group has continued production and hiring at its plant in Russia’s Kaliningrad region even after announcing that it was exiting Russia. Viciunai Group declined to comment on…
Estonian fish processing group PRFoods posted unaudited preliminary consolidated turnover of EUR 19.23mn in the financial year 2022/2023, which was down 6.6% from EUR 20.59mn in the year before, GlobeNewswire reports. Turnover from continuing operations amounted to EUR 19.08mn, which was up 30.2% from EUR 14.66mn in 2021/2022. In the fourth quarter of 2022/2023, the group’s…