Pescanova seeking Portuguese banks to refinance plant in Mira
Pescanova’s turbot plant in Mira. (Photo: Pescanova)
In order to prevent the closure of Pescanova’s aquaculture mega-plant in Mira, Portugal, the Galician multinational does not abandon its efforts to ensure that Portuguese banks refinance its debt.
Sources familiar with the negotiations say that it is "the only alternative" to prevent its collapse.
The idea is that Pescanova’s macro-fish farm in Mira continues operating, despite the lack of liquidity and its non-payment of turbot fry received every month from the Galician fishing, Faro de Vigo reported.
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