Latvia’s Gamma-A fish cannery last year generated turnover worth 20.58 million euros, down 34 per cent year-on-year, according to Firmas.lv business database.
The company’s loss reached 1.06 million euros.
The company’s management said in its report that the situation in market is tense as the demand for canned fish products in the traditional markets is lower than the production capacity. As the company is cutting its production, prime costs are growing.
Last year the company made 24.77 million cans of different fish products, which is...
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