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THE Welsh Government is holding talks with a joint Greek-Saudi-owned aquaculture company to secure the future of one of the UK's largest fish farms which is facing difficulties.
Selonda UK operates an extensive and modern recirculation sea bass farm on Anglesey and the Welsh Government has said it is aware of problems at the site. Some workers claimed they have not been paid for at least two weeks, but this has not been confirmed.
The company has received millions of pounds in UK and European grant money since it was set up in Anglesey almost 10 years ago. The farm, which produces around 1,000 tons of sea bass a year, is jointly owned by the Greek fish farming enterprise Selonda and a Saudi-based business called The Jazadco Development Company.
The company's Managing Director Andre Bravo Santos told BBC Wales he was discussing various options with a number of parties while the Environment Agency said it was monitoring the situation with the Welsh government taking the lead. Local politicians are also keeping a watch because of the possible impact on the economy in the area.
There has been no comment from the company. Selonda, which is listed on the Athens Stock Exchange, was formed in 1981 and describes itself as a leading global producer and supplier of high quality farmed sea bream and sea bass, which it says is Europe's and North America's most popular Mediterranean fish. The group has a total annual production capacity of over 30.000 tons of Sea Bream and Sea Bass with operations in Greece, Turkey and Wales, employing 1.000 people:
Jazadco describes itself as a Saudi development company specialising in fisheries, agriculture, industry and real estate.
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