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Greek Aquaculture in Deep Waters

by the Fish Site Editor
16 January 2009, at 12:00am

GREECE - Moves toward further consolidation in Greeces fragmented aquaculture industry are expected to continue in 2009, resulting in a sharp drop in the number of players in the sector, said Aristides Belles, chairman of Nireus, yesterday.

“At the end of 2009, there will be no more than 50 companies out of the current 106,” Belles, who is in charge of Greece’s largest aquaculture company, told Kathimerini. “By 2010, there will be a drop in production.”

According to Kathimerini, Greece is the largest producer of Mediterranean aquaculture products, followed by Turkey and Spain. In 2008, Greece produced more than 77,000 tons of sea bream and 52,000 tons of sea bass, according to industry data.

the Fish Site Editor