Bakkavor Polska plans construction of Warsaw fish-processing plant

Fish processor Bakkavor Polska plans to build a new plant near Warsaw. The zl.12 million investment by the Polish branch of Icelandic company Bakkavor will be financed mostly by bank credits. The final decision on the construction of the new plant will be taken next week. Should the go-ahead be given, the first stage of construction is expected to be completed by mid-2002, and the second stage by mid-2003. The new base could process up to 300 tons of fish a year and employ 100 people. Bakkavor's main competitor in Poland is Abba Seafoods, owned by Orkla Foods AB of Norway. In 2000, Abba Seafoods took over the Kukinia-based Superfish company, one of Poland's leading fish processing plants, the same year that Bakkavor purchased 75% of shares in Warsaw-based Norpol. (Puls Biznesu, p. 7) M. S.-C.