Dec.15 2010- Aker Seafoods has sold all its shares of the Spanish harvesting company Pesquera Ancora to UK Fisheries Limited.
Pesquera Ancora owns cod quotas in the Barents sea and off the coast of Canada, which in 2010 allows harvesting of approx 3,300 MT of fish. The company harvests the fish with its own trawlers, and employs a total of 52 people.
The revenue for 2009 was EUR 3.8 million (2008: EUR 5.5 million, 2007: EUR 1.6 million), and the company generated in 2009 profit after tax of EUR 1.8 million (2008: EUR (2.6) million, 2007: EUR 0.6 million). Pesquera Ancora's total assets on December 31st 2009 was EUR 3.8 million (2008: EUR 3.5 million, 2007: EUR 5.9 million), and gross interest bearing debt was EUR 0 million (2008: EUR 0 million, 2007: EUR 0 million).
The EU proposes global deal to limit fisheries subsidies European Union
The EU proposes to curb subsidies causing overfishing in WTO countries, but its proposal foresees flexibility for developing countries and takes account of the needs of fishing communities in least developed and developing countries.