European surimi and seafood processing giant Viciunai Group said leading audit group EY (Ernst & Young) has drawn up of a list of more than 30 potential buyers for the company's Russian operations.

The multi-stage sale process involves companies from across the globe and is expected to be completed in around two months.

Companies from Europe, China, Thailand, Russia, Vietnam, India, South Korea and the Middle East are reported to be in the running to buy the business.