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Montevideo, August 17th 2025 - 14:02 UTC

Tag: Uruguayan fishing fleet

  • Friday, August 15th 2025 - 12:51 UTC

    No end in sight for Uruguayan fishing conflict

    The Uruguayan Chamber of Fishing Industries (CIPU) is reportedly looking to hire non-union workers, adding to the tension

    An ongoing fishing conflict in Uruguay, which began in early June 2025, has halted the coastal fleet and left over 2,000 workers jobless. The dispute has led to an estimated loss of more than US$40 million and reduced Uruguay's fishing quota in the Rio de la Plata from 70,000 tons to 35,000 tons for this year.

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  • 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.