Russia's seafood processors say quota investment program too focused on new vessel construction

The program has largely been used to drive vessel builds at large whitefish companies, but processing companies want a bigger slice of the pie in the next version.

The redistribution of investment quotas in favor of onshore processing complexes will help Russia reduce its dependence on the foreign processing sector, according to German Zverev, president of VARPE.
The redistribution of investment quotas in favor of onshore processing complexes will help Russia reduce its dependence on the foreign processing sector, according to German Zverev, president of VARPE.
Published 2 September 2021, 22:10Updated 3 September 2021, 12:39
RussiaRussia Investment QuotasNoreboRussian pollockRussian Fishery Company