During the boom years, before the global financial crisis, companies were flush with cash, and everybody was happy scratching each other's backs, emboldened by the carefree lending of banks. The seafood industry was no exception.
The situation is dramatically different now, with businesses across Europe shutting down due to the credit crunch.
"Everybody is busy trying to survive," Gustavo Larrazabal, CEO at Grupo Tinamenor, told IntraFish. "The name of the game is survival."
Larrazabal's views are echoed by Eino Brand, managing director of Inlet Seafish, a seafood importer and distributor based in Valencia.
"The
