ΝΗΡΕΥΣ Α.Ε.

Exclusive -3 year- Agreement with MERKOS S.A. for Processed Fish

NIREUS S.A. announces that, οn January 24th 2007, a three year exclusive cooperation agreement was signed between NIREUS AQUACULTURE S.A. and the Company MERKOS S.A. - Company of Fish Products, Imports - Exports, which assigns MERKOS S.A., on behalf of NIREUS S.A., the gutting and filleting of fresh farmed fish.
MERKOS S.A. possesses owned processing installations in Mandra of Attica region, which fulfill the high quality and safety standards implemented and guaranteed by NIREUS S.A. to the consumers of its products, as they are certified with ISO 9001:2000, ISO 14001:2004 for Environmental management, HACCP and EU Codification. ,br>This cooperation is to give NIREUS S.A. the ability to cover the highly rising demand on these products, mainly from abroad, fulfilling in this way one of its strategic objectives which refer to the development and distribution of high quality products, adapted to the modern needs of the consumers. Already, for 2007 the NIREUS GROUP is to realize the production and sale of 2.000 tones of these processed products of estimated revenue of 16,0 mil. euro, while higher production rates have been planned on these products, for the coming years.