Kastrup, Denmark-based Espersen, one of the world’s leading seafood processors, has completed the sale of its plant in Velikiy Novgorod, Russia, to the unit’s local management.
Espersen launched its Russian subsidiary, A. Espersen, in April 2014, with the project touted at the time by local authorities as a significant investment, signaling the promise of the Russian market. Espersen spent RUB 307 million (USD 8.52 million, EUR 6.26 million, at the time) to build the 3,000-metric-ton capacity plant, which created 30 new jobs, a figure that grew to 70 jobs by 2022.
In July 2022, Espersen said it would sell its Russian business and officially completed the sale of the plant, to Russia’s company Edelweiss 53, a new company registered on 21 July, 2022 ...
Photo courtesy of Espersen
