Spanish trader Pescapuerta is seeing growth after selling its fleets to partner companies in South America and closing its production factories.
Pescapuerta is now recording a 10 percent annual growth in revenue, Jean Baptiste, commercial director at the company, told IntraFish.
The firm formerly owned a large fleet and a number of processing plants in Spain and other countries, but it recently implemented a new strategy to reduce costs and increase profitability.
“It is very expensive to maintain a factory. The model we have now is very efficient and is commonly used in the rest of Europe,” Baptiste said.
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