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Fandicosta plant fire, in May 2016. (Photo: Ernandes Araujo Abreu/YouTube)

Fandicosta hopes to use part of its new refrigerated facility in March

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Tuesday, November 14, 2017, 22:20 (GMT + 9)

The construction works of the Fandicosta cold storage facilities are rapidly advancing, replacing the area destroyed by a fire that occurred in May last year.

The facilities being built in Domaio (Pontevedra), the construction company Civis Global, will be opened in May, but part of the facility will begin to be productive in March.

"We are practically at half capacity and we need the space as soon as possible to serve customers," said Alfredo Campuzano, director of human resources at the company. He added that this situation is "forcing them to rent cold facilities."

The new facility will be 8,000 square metres and about 15 metres high, and capacity for about 13,000 tonnes. As a novelty, it incorporates 12 landing sites for loading and unloading products. The adjacent "B and C" facilities will also be expanded. The estimated investment is about EUR 10.3 million.

The main facility that Fandicosta had in Domaio was destroyed after the devastating fire that occurred in May 2016, and four months later the company was preparing to start the construction of a new facility to recover its production level.

Fandicosta moves about a thousand tonnes of fish per month, part of which is captured by its own fleet, made up of half a dozen vessels: four jiggers fishing in the South Atlantic, and two longliners fishing in the North Atlantic.

In the first nine months of this year, Fandicosta's turnover exceeded EUR 83 million, and the company expects to close this year with a turnover of more than EUR 100 million. According to the company's forecasts, that figure could increase by 10 per cent in 2018, once the new facility is operational.

Related article:

Raging fire destroys Fandicosta facilities

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