Croatian fish processors Cromaris and Sardina are investing in upgrading and expanding their facilities, and they were recently allowed to re-launch exports to the Russian market after the country’s authorities excluded a number of Croatian companies from the ban introduced on food imports from various EU member states.
Sardina recently completed an investment of some €30 million to modernise its fish processing plant in Postira, on the Croatian island of Brač, which is fitted with a surface of more than 12,000 square metres. The project allowed the company to open a new waste treatment facility, the company’s management told local daily Poslovni Dnevnik.
Currently, Sardina exports as much as 80% of its output to various foreign markets in Europe, the US, Canada, Australia, and Russia, to which it was recently allowed to resume export sales. Sardina says its product portfolio consists of canned fish, fish pâté, frozen fish and fresh aquaculture products as well as fishmeal and fish oil. The company is operated by a workforce of about 320 employees, and it processes sardines, tuna, hake, mackerel, and it breeds sea bass, sea bream and mussels, among others.
Meanwhile, Cromaris aims to invest about HRK 370 million (€49.8 million) to increase its output capacity by 2018. This will include raising the capacity of its hatchery in Mala Lamjana, an island on the Adriatic Sea, and opening two new fish farms, according to the information obtained by local news site Liderpress.hr.
Established in 2009, Cromaris is part of the country’s Adris Group, a multi-industrial conglomerate. About 70% of the firm’s exports are supplied to other EU member states. Cromaris claims it is one of the ten largest sea bass and sea bream processors in Europe. The company’s product range also comprises Adriatic oysters and meagres, according to data from Cromaris.