Harlingen-based fish processing firm The Fish Company has been given a new lease of life with an injection of cash from its board and shareholders, according to an announcement made yesterday [Thursday] by the company’s receiver S. Roodhof.
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The Fish Company was declared bankrupt on 1 February 2002 with a debt of about €4.5m (US$3.9m). It explained at the time that it was hit hard by a weakening of demand for fish from the US and Japan in the aftermath of the US terrorist attacks on 11 September.
When the company restarts, 40 staff members out of the former 60-strong workforce will return.
