The company, the marketing and sales arm of fishing firm Grupo Amasua, is recovering from a tough 2009, which was the “worst year in our history,” said Pablo Mugica, its managing director.
“Many negative factors collided: high and expensive inventories, decreasing market prices, depressed markets and excess capacity created during the previous years of a fast-growing economy,” he told IntraFish. “We had to focus the business.”
Since the cuts, the company has focused on its core products: wild and farmed shrimp, surimi and cod.
