Fish canning plant in Portugal to invest €20m on expansion

Portuguese seafood canner A Poviera is expanding its processing site at Laúndos.

Best known for its Minerva brand of canned tuna, A Poviera is planning to invest €20 million (US$21.6n) in the extension to the plant in the Póvoa de Varzim region, first established in 1938.

The new 15,000 sqm canning plant, which will continue to use round easy-open cans, will be installed to meet increased international demand.

António Cunha, chief executive of A Poviera, said that this month an additional canning line will increase production from 300,000 to 500,000 cans per day.

When the plant is completed daily production will be increased to two million cans a day, he told local media.

“We are working hard, because consumption in March surged and we tripled our production,” Cunha said. Last year sales were €25m a year, which will be doubled by the end of 2020 and reach €100m a year when the new plant is completed in March 2021.

Currently the firm exports 35 per cent of its production to Europe and the US, but this will also increase.