Saaremere Kala AS and OÜ Tallinna Lihatööstus have concluded a letter of intent
for establishing a joint undertaking to set up a joint offshore fish farm.
OÜ Tallinna Lihatööstus belongs to AS Direct Consulting with the subsidiary of
AS Hiiu Kalur. AS Hiiu Kalur is an Estonian fishing company founded in 1991
(whose legal predecessor operated already since 1949) which has a share in seven
fish processing plants and is one of the Estonian biggest fishing companies. The
same group also operates the ports of Veere and Lehtma and Suursadam.
The idea of establishing a joint venture lies in uniting the long-term
experience related to fishing and fish processing of AS Direct Consulting and
wide fish-farming experience of AS PRFoods group for setting up and subsequent
environment-friendly operation of a modern joint offshore fish-farming.
Additional information: Indrek Kasela, member of the management board of
Saaremere Kala AS, tel: +372 452 1470, e-mail: investor@prfoods.ee
(https://www.globenewswire.com/Tracker?data=FlmgFe6WHXamb0aFMax4B0hapAKIsYEcAsRz
H3L6_2Dq_RnSn_cDkMOH1FHqTw1uTpoJbLqokmmP2TD-EQeZ-DejWy3Ys2g3LvjKwNUeFy0=).
Indrek Kasela
AS PRFoods
Member of the Management Board
Phone: +372 452 1470
investor@prfoods.ee
www.prfoods.ee
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