PORTUGAL: Pescanova plans plant opening

Spanish fish and seafood manufacturer Pescanova has confirmed its intention to establish a Portuguese production unit.

Spanish fish and seafood manufacturer Pescanova has confirmed plans for a Portuguese production unit.

“We are opening a new processing facility to increase capacity,” a spokesperson for the company told just-food today (29 April). “The factory will supply products to European countries.”

The plant will be located in Mira, in central Portugal. In the first year of operation it will have a production capacity of 3,500 tonnes. This is expected to increase to 7,000 tonnes per year.

Local reports have valued the project at EUR140m (US$218.6m), with the Portugese government providing EUR40m.