Russia's Fishing Industry Experiences Steady Growth

20 June 2012, at 1:00am

RUSSIA - According to Russian statistics, the fish processing sector of the Russian economy increased by 81.3 thousand tons of fish.

In 2011, due to further construction in the fish processing industry, the storage of fish and fish products was around 2.7 thousand tonnes. There is growing investment activity in the fishing industry. During the period from 2000 to 2011 capital investment in the fishing industry increased 3.5-fold (from 2.2 billion to 7.8 billion rubles).

During this period the average annual growth rate of investment in fixed assets amounted to 14.2 per cent (510 million).