The Old Pescanova, shareholder of 3.7 percent of Nueva Pescanova, approved in a shareholder meeting its results of 2016, and reiterated that it will keep its long-term objective of resuming activities in the fishing and processing sectors, reports Expansion.

In addition, shareholders approved executives’ pay at the meeting, the resignation of the auditor and the appointment of Miren Josune Baranda as the new auditor.

The 2016 results show the company reported a loss of €3 million ($3.6 million). The accounts have been approved by 82.4