Valenciana de Acuicultura, SA (VALAQUA), founded in 1984, directed all its initial efforts toward developing a new system of cultivation of fish species using water recirculation techniques.
Eel focused the Company's initial interest because it is a major consumer product in Valencia and growing demand in Europe, although aimed at developing technology that should offer the possibility of future adaptation to other commercial species
In February 1986, glass eels were first introduced in the plant whose yearly production capacity was 100 tons in principle sufficient to cover the domestic market, concentrated mainly in Valencia. Two years later, in 1988, expanded facilities, and thus its capacity, with two clear objectives: first internationalize Company will be present in major European markets, and secondly, that this growth would consolidate the profitability of business. Later, in 1995, thanks to the good acceptance of the product, the company undertook a new extension with the floor area was increased to 5,500 m2, with a production capacity of 300 tonnes per year.
Reduction in Fishing License Quotas Viet Nam
On April 11, 2024, Deputy Minister of Agriculture and Rural Development Phung Duc Tien signed Decision 1037/QD-BNN-TS on announcement and adjustment of quota allocation for fishing licenses in the reg...
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