Russian Fisheries Profit Drops 26% in 2024 Amid Challenging Economic Conditions
The profits of the Russian fisheries industry in January-August 2024 decreased by 26% compared to the same period in 2023 and amounted to 60 billion rubles ($598 million), according to recent statements made by the President of the All-Russian Association of Fish Producers German Zverev at the general meeting of the association.
The industry's current situation remains complex, mainly due to the country's tough business environment.
German Zverev comments:
"The financial and economic situation of the fisheries industry in 2024 has become significantly more complicated..
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