News

Leningrad region in Russia expands import substitution in fish farming

Russia
Market & Price Trends
Innovation & Technology
Published Apr 9, 2024

Tridge summary

In 2023, the Leningrad region of Russia made notable advancements in its aquaculture sector by launching 7 new hatchery farms and 4 feed production facilities, significantly boosting its trout production and ranking third in the country for trout farming. The region's annual aquaculture seminar showcased these achievements and set forth ambitious plans to double farmed fish volumes, supported by large investment projects. Key projects include Organic Growth LLC's high-tech rainbow trout farm in Lake Ladoga and ROST Aquaculture LLC's commercial fish farm in the Gulf of Finland, aiming for capacities of 7.5 thousand tons and 5 thousand tons, respectively. The fishery complex's gross output hit 15 billion rubles in 2023, with substantial state support anticipated for 2024.
Disclaimer: The above summary was generated by a state-of-the-art LLM model and is intended for informational purposes only. It is recommended that readers refer to the original article for more context.

Original content

In recent years, 7 new hatchery farms and 4 new feed production facilities have been organized in the region. Fish farmers of the Leningrad region summed up the results of 2023 and outlined plans at the spring seminar on aquaculture. “Fish farming is one of the leading fishing industries in the region. The region ranks third in Russia for trout farming. Over the past 10 years, the region has doubled its trout production. The goals for the future are to double the volume of farmed fish through the implementation of large investment projects,” said Oleg Malashchenko, Deputy Chairman of the Government of the Leningrad Region and Chairman of the Committee on the Agro-Industrial and Fisheries Complex. Reference The volume of gross output of the fishery complex in 2023 amounted to 15 billion rubles (+1.1 billion rubles by 2022). The volume of production of aquatic biological resources in all fishing areas is 22.8 thousand tons, the volume of farmed fish is 13.8 thousand tons (102%), the ...
Source: Fishretail
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