Vičiūna begins €100m salmon facility

Salmon processing facility

Source: Vičiūna

Vičiūna and Partners has begun construction on a €100 million salmon processing facility in Plungė, Lithuania

The new plant will increase VIP’s salmon processing capacity from 18,000 to 50,000 tonnes annually, positioning the company among Europe’s top five producers in this sector.

With the expanded production, VIP expects its annual revenue to increase from €150 million to €500 million, boosting the country’s economy.

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