Leading Russian Fish Producers and Processors Expect Further Revenue Decline in 2025
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As a result of the unfavorable market environment and the improved strength of the ruble, Russia’s leading fish producers and processors are anticipating a further revenue decline this year.
According to recent statements made by Herman Zverev, head of the All-Russian Association of Fish Producers (VARPE), in an interview with the Russian Vedomosti business paper, there is a high possibility that negative trends that appeared in the Russian fish sector in 2022–2024 will intensify later this year. Zverev stated that, in the case of pollock fishing...
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