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MercoPress, en Español

Montevideo, November 5th 2024 - 10:45 UTC

Tag: Uruguayan fishing fleet

  • Tuesday, August 5th 2014 - 06:11 UTC

    Uruguay's main fish processing company under administrative protection

    Fripur employs 1.100 people, normally is responsible for 30% of Uruguay's annual exports and currently has liabilities in the range of 70 million dollars.

    Uruguay's largest fishing and processing company FRIPUR, has requested administrative protection, or a voluntary concordat with creditors following financial problems with banks and other providers. Liabilities are over 70 million dollars of which 50 million with two banks, according to sources close to the request. The company employs 1.100 people.