In operation the first pre-growing unit of NIREUS S.A.
NIREUS S.A. announces that the first inland pre-growing unit is being put in full operation in Thesprotia region of N.F. Greece. It refers to a pioneering and innovative, unique for Greece, production process in the chain of fish farming, which is included in the medium term investment plan of NIREUS, achieves, through the production of 10 gr. size juveniles, a more efficient and effective production process during the winter period. This new unit has a production capacity of 20 mill, 10 gr size juveniles per annum, while, gradually, the NIREUS capacity is to rise to 25 mill juveniles in 2008, 35 mill juveniles in 2009 and to 50 mill juveniles by 2010, supplying the sea fish cages of the NIREUS Group, as well as the fish farm units cooperating with NIREUS. The basic advantages and economic benefits stemming for the NIREUS Group refer to the reduction of the production cycle of the final product by up to 4 months, from 17 to 13 months, under conditions of steady high temperature of the seawater. Simultaneously, the fish mortality is further reduced, as well as the fish-feed cost and the production cost in general, while the cash conversion cycle is also reduced, reducing in turn the working capital needs. The Thesprotia pre-growing init, of cost of 5,0 mill ?, operates in a region of 38 acres, including building of 500 s.m., tanks of 3.900 s.m., and liquid waste processing system of 400 s.m., while it occupies 25 employees.
A more detailed presentation of the Thesprotia pre-growing unit can be drawn from the company's website, www.nireus.com