Pescanova

Share on Facebook Share on Twitter Email
Pescanova Alimentación, S.A.
Type Sociedad Anónima
Traded as BMADPVA
FWBPNV
Industry Fishing
Founded Vigo, Spain (1960 (1960))
Founder(s) José Fernández López
Headquarters Rua José Fernández López, s/n. 36320 Chapela-Redondela, Spain
Key people Manuel Fernández de Sousa-Faro (Chairman)
Products Fresh Fish, Frozen Fish, Value-added Fish products, Fish meals, Frozen food
Revenue decrease 1,49 billion (2009)
Operating income decrease 88 million (2009)
Total assets decrease 964 million (2009)
Employees 7,700 (3,399 in Spain)
Subsidiaries Fishco, Acuinova, Aliholding
Website www.pescanova.com

Pescanova Alimentación, S.A. is a Spanish fishing company based in Redondela, Galicia. Its base of operations is the port of Vigo.

The Pescanova Group operates in 21 countries with approximately 3,400 employees. The group includes such companies as Argenova S.A., Bajamar Séptima, S.A., Frinova S.A., Pescafresca S.A., Marnova Lda, Pescamar Lda, Pesquerias Belnova SA, Frigodis SA, Krustanord, SA, Pescafina, SA and Novagroup among others.

History

Pescanova was founded in 1960 by José Fernández López, who established the company in Vigo. From its beginnings Pescanova introduced cutting-edge technology for the complete activity of fish processing, best defined by the factory ship which was not common in Spain at the time. The business model worked and allowed a continued growth making it one of the biggest firms in the fishing industry.

In 1980 Manuel Fernández de Sousa-Faro, the son of the founder, took over the presidency and, after a period of restructuring, Pescanova became what it is now. In 1985 it joined Madrid Stock Exchange.

With more than 120 fishing boats and 150,000 tons of fish products sold into the global market every year, Pescanova is among the top 5 companies in its sector. Besides the Spanish facilities, the company has production plants in Portugal, Nicaragua, Namibia and Honduras.

See also

External links


Post a question - any question - to the WikiAnswers community:

Copyrights: