Vigo remains Spain's top seafood hub despite troubles of three of its largest firms, which have benefited other businesses such as Pescapuerta, Iberconsa or Marfrio Continue reading
Tag Archives: Pescanova
Pescanova minority owners’ concerns fall through as shareholders back annual accounts
Accounts of 2011, 2012 and 2013 were approved with 81.93% supporting votes, but requests of minority shareholders failed to muster support Continue reading
Pescanova readies for shareholder meeting
Shareholders due to approve the newly audited accounts of 2011, 2012, and 2013 on Tuesday, while finding out more about business plan Continue reading
Pescanova Spain restructuring to cover small suppliers
Risk of suppliers searching for new clients could the group under-supplied when its rescue plan comes in place, sources tell local media Continue reading
Pescanova to keep Latin American shrimp farms, for now
Pescanova's aquaculture shrimp farms are profitable and they will remain part of the multinational, since local banks are refinancing the sites' debt and no players seem interested in buying, sources say Continue reading
New fine against former Pescanova director for lack of financial reporting
Former board member Alfonso Paz sold 150,392 shares at €2.55 million, pricing his stock at some €16.53 to €17.05 per share, but failed to report transactions within legal period of four days Continue reading
Pescanova bank owners end industrial partner search, expect to lose Chile, Portugal
Banks start headhunt for CEO as they consider the best option for Pescanova is to be managed by external leader Continue reading
Suppliers sue former Pescanova salmon farm Nova Austral over debts default
Two suppliers in Chile have brought Nova Austral, one of two Chilean salmon farms formerly owned by Spanish seafood group Pescanova, to court Continue reading
Pescanova’s creditor banks appoint chairman of monitoring commission
Following the monitoring commission's plans, the board is expected to approve a restructuring of all Spanish subsidiaries of Pescanova Continue reading
Fishing division strongest earner for Pescanova amid €17m losses in Q1
Spanish seafood group says equity is now positive thanks to banks' bailout plan, as company posted net losses of €16.94m during the first quarter of 2014, and a 26% fall in revenue Continue reading
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