New round of Russian government quota program would lead to mass fishing company bankruptcies, critics warn

One group of fishing companies warned the quota reallocation favors large players -- Norebo and Russian Fishery Company were among the largest recipients of quotas -- and said more reallocation "would lead to massive layoffs."

Russian Fishery Company supertrawler Captain Martynov gets underway.
Russian Fishery Company supertrawler Captain Martynov gets underway.Photo: RFC
Published 15 September 2022, 05:00Updated 15 September 2022, 08:06
RussiaUkraine crisisNoreboRussian Fishery CompanyRussia Investment Quotas