23/Apr/2014 - Last News Update: 07:00

Selonda UK fish farm on Anglesey in talks over problems

Category: Wales

Published: 7th Dec 2011 17:41:40

Talks are underway to try to resolve problems at a fish farm which received millions in pounds of grant aid from the Welsh government and EU.

The Welsh government says it is aware of difficulties at Selonda UK, which operates a high tech sea-bass farm at a site near Beaumaris on Anglesey.

The company says it is discussing options with a number of parties.

It is jointly owned by the Greek fish farming enterprise Selonda and a Saudi based business called Jazadco.

The fish farm was established on Anglesey in 2002 and produces 1,000 tonnes of sea bass annually.

Jazadco's website says 50% of the investment cost of the Anglesey site was a non-refundable grant financed by the EU and Welsh government.

In August Selonda UK received additional government funding to help pay for work to resolve electricity supply problems.

The company's Managing Director Andre Bravo Santos told BBC Wales he was discussing various options with a number of parties.

The Environment Agency says it is monitoring the situation with the Welsh government taking the lead.

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BBC News, 2011. Selonda UK fish farm on Anglesey in talks over problems [Online] (Updated 7th Dec 2011)
Available at: http://www.ukwirednews.com/news/208627/Selonda-UK-fish-farm-on-Anglesey-in-talks-over-problems [Accessed 23rd Apr 2014]

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