Pescanova owns 95% of Pescafina shares. (Photo: Pescafina)
(SPAIN, 4/9/2013)
Pescafina, a company in which Pescanova owns 95 per cent of the shares, is the first subsidiary of this multinational firm requesting a creditors’ meeting, in an attempt to ensure business continuity until its financial situation is clarified.
Meanwhile, the activity in Pescafina continues being developed as usual.
The company presented the request of a creditors’ meeting on the same day when Pescanova announced the voluntary creditors’ meeting. It is estimated that Pescanova Group is facing a debt of about EUR 2,700 million, that is to say, more than EUR 1,200 million above what can be seen in the audited liab...
(More Info)
Previous news:
Lenguaje
FEATURED EVENTS
TOP STORIES
Southwest Atlantic Squid Index: Illex Squid (Illex Argentinus) China
In order to continuously enhance the ability to control squid resources and price influence, and conduct more accurate resource assessment and forecasting, the China Ocean Fisheries Association&n...
Fishing Exports Increased by 10.4% in Q1 Argentina
This increase can be largely explained by the significant increase in squid sales compared to the same period last year, something that could change starting in April due to high competition from the ...