Israeli aquatech firm to set up 2500 tonne RAS salmon farm in Russia by 2019

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Russian indoor salmon farming gets going.

In September, SalmonBusiness reported that the Israeli firm AquaMaof was working on a new RAS indoor salmon farm investment project as well as fish feed factory in central Russia.

In a press release, the company have given more details about the EUR 25 million project which is financed by local Russian investors. The facility is expected to be ready for its first batch of eggs towards the 4th quarter of 2019. This will include hatchery, nursery, and full grow-out areas, as well as management and operational zones.

The Israeli recirculating aquaculture technology manufacturer will also train staff at their Global Fish facilty which is based in Poland.

David Hazut, CEO of AquaMaof, said, “We are extremely honoured to be selected by a group of esteemed local investors, after a thorough evaluation process, that carefully assessed several available RAS technologies. We take great proud in supporting our customers in their mission to offer fresh, healthy, locally-produced salmon to the local population, that today consumes mostly frozen imported fish.”

A ceremony was held on back in October, in the presence of the governor of Vologda region, Oleg Kurshinikov, where the contract was signed. The site is located at the railway and highway junction, M-5 Ural, which connects Russia’s western and eastern regions.

Russia investor, Alexander Churkin said, “We are excited to embark on this unique project and confident in its success. We have recognized the immense need for locally-produced, high-quality fish, free of antibiotics and other substances. Through a meticulous due-diligence process we examined several companies that can provide a turn-key RAS project, for the grow-out of salmon, and chose AquaMaof for its extensive and proven experience in similar projects. I am certain that we will have a constructive, fruitful cooperation.”

“Commitment being a leading value, we will support our customers throughout the process, working closely with them to provide advice regarding nutrition, stocking, production parameters, and system maintenance. We will also train their staff to ensure complete independence in ongoing operations. This close support will continue long after the facility in operational, to ensure that the facility in not only producing high-quality healthy and tasty fish, but also succeeds financially and enables quick ROI (Return on Investment) to the investors” concluded Hazut.