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17 September, 2013 07:17 AM Source:
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Sri Lanka based Tess Agro, a diversified firm, which is also engaged in exporting fish has set up a branch in Belgium to expand its presence in the EU region and improve margins by cutting down intermediary dealers.

The Company’ Chairman Mrs. S. F. Fernando says the firm’s Belgium office will focus on selling fish to restaurants, super markets and hotels spread across all over Europe.

Tess Agro’s latest move comes as the demand for overall global fish exports is expected to increase in the medium to long-term, as the per capita consumption of  fish is expected to go up globally and particularly EU.

“EU per capital consumption is expected to increase to 24 KG per year in the next 5 years along with a shift towards healthy food”, added Fernando. More...

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