Spain’s financial crisis could hit the livelihoods of hundreds of fishermen along the west coast after one of Europe’s top fishing companies filed for insolvency.
Pescanova, which has more than 160 subsidiaries in 20 countries including Ireland, shocked the Spanish stock market when it filed for insolvency last week.
The move could affect Pescanova subsidiary Eiranova Fisheries, which has been based in Castletownbere in Co Cork and also has an office in Dingle, Co Kerry.
