Type
Business expansion
Country
Greece
Region
Nisia Aigaiou; Kriti; Kriti
Location of affected unit(s)
Kriti
Sector
Agriculture
Agriculture, Forestry And Fishing
Fishing And Aquaculture
03.21 - Marine aquaculture

100 jobs
Number of planned job creations
Job creation
Announcement Date
9 April 2014
Employment effect (start)
1 January 2015
Foreseen end date
31 March 2015

Description

New York based financial investment company Onex Technologies announced a €42 million investment in a fish farming project at the north of Crete and the creation of 100 jobs initially. As reported the company plans to invest ιn large amberjack fish farms, in 15 areas in international waters to the north of Crete and will coordinate its efforts by using Lockheed Martin’s technology for aquaculture in the open seas –“mobilie fish pens”.The investment is expected to create initially 100 specialised jobs (biologists, engineers, food technologists, etc.).

Updated, 02/10/2014: According to a recent announcement in the Greek press, the new fish farming unit in Kriti will start its oerations in the beginnings of 2015.


Sources

  • 10 April 2014: Imerisia
  • 9 April 2014: Kerdos
  • 9 April 2014: Kathimerini
  • 2 October 2014: Imerisia

Citation

Eurofound (2014), Nermonia, Business expansion in Greece, factsheet number 76841, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/76841.