Lucky Food to build USD 20 million seafood plant

The main shareholders of LUF are Korean LG and Thai fisheries company. Construction should start in the autumn and in the long run the plant is expected to employ several hundred staff. LUF has not given any information about the investment yet, except it has confirmed that it will cost about USD 20 million. The company has applied for EU subsidies. LUF will process all kinds of seafood in Poland, including surimi, a high quality protein obtained from white fish, which is processed and sold both to catering and retail customers. According to Jerzy Safader, the president of the Polish Association of Fish Processing Companies, LUF will export most of its production to West Europe. However, he also sees a market niche for surimi in Poland due to its nutritive value and healthiness. (Puls Biznesu, p. 7) J.L.