News - page 6

Several big projects on commodity fish farming have been recently announced in the south of Russia (the Olympic region of Kransodarsky Krai, Astrakhan and other regions). The region is the nation's leader in the sector, but a noticeable boost of commodity sturgeon farming and production of farmed caviar would provide for stronger state support, reports http://www.megafishnet.com/

Russian Agricultural Bank provided Russia's biggest seafood producer and importer the first tranche under the approved credit line with the total amount of RUR 2.8 billion for aquaculture development in Russia, reports www.megafishnet.com

Ambitious plans for aquaculture development in Russia's North Fisheries Basin may enable national fish farmers to win competition with Norwegian salmon and trout producers on the Russian market, reports http://www.megafishnet.com/

According to the latest forecast of Marine Harvest (the world's leading seafood company and largest producer of farmed salmon, with presence in 21 countries and about 5 000 permanent employees worldwide), strong increase in global supply of salmon will continue for the rest of 2011 and in 2012.

Latvian sturgeon farmer Mottra is planning to invest one million Euro to expand its production basins by 50%, reports http://www.megafishnet.com/

During the first ten months of the current year 2011 Norwegian suppliers delivered more than 2.3 million juveniles of Atlantic salmon and 100,000 trout fry to one of Murmansk-based aquaculture plants, reports http://www.megafishnet.com/

Ukrainian fish farming experts are ready to share their expertise in sturgeon and carp culture with their Estonian colleagues, reports http://www.megafishnet.com/

Russia's Federal Fisheries Agency expects investment boom in the nation's fish farming sector when the Law on Aquaculture is finally approved by the Government, reports http://www.megafishnet.com/

The working group has finished preparation of the draft Law on Aquaculture in Russia for the second reading in State Duma (Russian Parliament), according to http://www.megafishnet.com/

On July, 28 "Russian Sea" Company ("Russkoje More") launched a fish processing shop at their Segozerskoje trout farm in Karelia, according to http://www.megafishnet.com/

OJSC «Russian Sea Group» (the «Company» or the «Group»), one of Russia's leading consumer food companies, today announces that it gained right to conclude contracts for seven fishing sites destined for commercial fish farming in Segozero, Vigozero and Ladoga Lakes in Republic of Karelia. The potential farming volumes on the gained sites amount to around 7 thousand tons of rainbow trout which represents around 50% of current farming volumes of trout farms in Karelia.

State-of- the art complex for sturgeon restocking and black caviar production is going to be built in the Russian province of Astrakhan near the Caspian Sea, according to the Russian Fish Insider Report published by http://www.megafishnet.com/

Aquaculture operations in Leningrad Oblast surrounding St. Petersburg are showing good growth dynamics of the annual fish farming output, according to the Russian Fish Insider Report published by http://www.megafishnet.com/