Polish processing and fish farming group Morpol will increase its processing capacity by over 75 percent by the end of 2013, as it inches closer to opening three new plants in Germany, France and the United Kingdom.
In a presentation given Wednesday at the Swedbank Seafood seminar, John-Paul McGinley, chief operating officer at Morpol, highlighted the company's ambition of increased capacity, as well as focusing more on chilled seafood segment, apart from its traditional stronghold of smoked salmon.
This massive increase in capacity is an achievable goal, said Felix Heinrich, seafood analyst at Pareto Securities, though he warned a 75 percent capacity increase will not automatically mean the same percentage jump in actual volumes processed.
"There
