Numerous Russian Crab and Seafood Producers on Brink of Bankruptcy
Many of Russian crab and seafood producers may declare bankruptcy this year due to the risks, associated with the forthcoming distribution of quotas in Russia, which is scheduled for the next year, according to recent statements, made by producers and some local media reports.
So far, representatives of producers have sent over 30 letters to the Federation of Independent Trade Unions of Russia (FNPR), sparking their fears about the risks of the upcoming quotas’ distribution.
According to Russian Vedomosti business paper, citing on the fisherman, they refer to the...
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