Spain’s Pescanova SA (PVA), Europe’s second- biggest fish processor, plunged 60% after it started the initial phase of seeking creditors’ protection and delayed results pending asset sales and a debt renegotiation. Read full article
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Hmm.....Mar 05th, 2013 - 10:08 am - Link - Report abuse 0
Ain't those guys MLA Dick Sawle's ol' chums.....?
Lots of troubles in Caladero Malvinas horizon, I can tell.
PescaChile & Nova Austral, Pesca Nova's Chilean branchs, is the biggest Chilean fishing company with about 20 vessels and fish-farming plants.....so this bad result will afect our economy, mainly at the southern regions where PescaChile have its assets and fleet, being a big employer and material & service consumer.Mar 05th, 2013 - 12:53 pm - Link - Report abuse 0
Hope they can save the company for the sake of a lot of people here and around the world....
Don't worry Sergito.....Mar 05th, 2013 - 04:20 pm - Link - Report abuse 0
They are too big to fail in Chile.....
If they go bankrupt, the Chilean Government will be forced to Socialize their Losses.....
With your tax monies, of course......
Actually, anything Spain affects Brazil.(they are Brazil's biggest investor), Chile & Arg-because of the European connections.Mar 05th, 2013 - 08:14 pm - Link - Report abuse 0
Spain was the Porteños favorite place to send remittances from a year and a half ago.