Three fishing companies of Santa Catarina have shown a warning sign about the crisis faced by the fishing industry in this state in southern Brazil, a situation attributed to the imported products, the strengthening of the US dollar and the adjustment in fuel and electricity prices.

Leardini, JMS Fish and Pionera da Costa have already resorted to Court to try to prevent their respective bankruptcy.

Leardini, located in the town of Navegantes, carries a debt of BRL 121 million (USD 38.4 million). Their executives argue that this is due to the rising dollar, the decline in raw materials and the difficulty in obtaining loans,...  (More Info)