NOVEMBER 2021 NOREBO took control over FEST
Russian federal act on procedures for foreign investments in business companies having strategic importance was amended in July 2021 with the aim to strengthen state control over the foreign investments in fishing companies in Russia.
In order to comply with the changes in foreign investments act within the time-frame as specified in the amendments the owners of FEST group decided to sell shares in their fishing companies in Russia to NOREBO. The management of the acquired companies will remain in Murmansk, where NOREBO’s headquarters are located, and the companies will continue to operate as going concern.
The deal for acquisition of shares of FEST fishing companies in Russia by NOREBO is closed. The price and the scope of the deal is not disclosed.
25 OCTOBER 2019
at the new shipbuilding site of Open JSC «Leningrad shipyard «Pella» took place the ceremony of launching the fishing freezer trawler «Lev» of the project 1701. This is the first of 2 ships under construction for the group of companies «FEST».
10 JULY 2019
at the new shipbuilding site of Open JSC «Leningrad shipyard «Pella» took place the ceremony of launching the fishing freezer trawler «Scorpion» of the project 1701. This is the first of 2 ships under construction for the group of companies «FEST».
07 - 09 NOVEMBER 2018
FEST Group took part in the Largest in Asia and one of the largest in the world international exhibition of seafood and technologies of processing/processing of
fish and sea products China Fisheries & SeaFood Expo 2018 (CFSE).
Place: China, Qingdao.
24 - 24 APRIL 2018
FEST Group attended in the world's largest international exhibition of seafood, equipment and technologies,
fish and seafood processing services - Seafood Expo Global / Seafood Processing Global 2018.
Place: Belgium, Brussels.
27 DECEMBER 2017
Solemn keel-laying ceremony of two trawlers of the project 1701 has been held at the new shipbuilding site of Open JSC «Leningrad shipyard «Pella» for JSC «Eridan» and JSC «Strelets». The trawlers of the project 1701 are intended for bottom and pelagic fishing and fish processing onboard.
01-03 NOVEMBER 2017
F.E.S.T. Group attended China Fisheries and Seafood Expo 2017 being part of Russian united pavilion.
Place: China, Qingdao.
14-16 SEPTEMBER 2017
Place: Russia, St. Petersburg.
The Global Fishery Forum and Seafood Expo is a key trade event in Russia, bringing together industry leaders, government officials and the general public