| Autor: |
Ozolins, Janis, Pilvere, Irina, Nipers, Aleksejs, Silovs, Mihails, Proskina, Liga, Dmitrijeva, Olga |
| Předmět: |
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| Zdroj: |
Conference on Food Science & Technology FOODBALT; 2019, p77-82, 6p |
| Abstrakt: |
Fisheries have a long history and tradition in Latvia. In recent years, the fish processing subsector has been challenged by the development and introduction of new and innovative products manufactured from Baltic Sea sprats (Sprattus sprattus balticus), which serve as an alternative to canned sprat production. Therefore, the aim of the present research was to perform an economic assessment of the establishment of a potential factory for the production of innovative fish products from sprats caught in the Baltic Sea. To achieve the aim, two specific research tasks were set: 1) to perform a financial and efficiency analysis of the investment project for the industrial production of the newly developed innovative products; 2) to determine the economic effect from the establishment of the factory. The research base scenario established the minimum amount of necessary investment to start up a factory and estimated processing capacity at 408 tons of sprats a year to pay back the investment in time by producing two new innovative products from Baltic Sea sprats: fish buns and fish meatballs in jelly. The research established main economic and financial performance indicators for the investment in the factory project, calculated the number of employees needed for the factory and identified the economic benefits the factory would provide. The research found that setting up a factory within one year could reach the planned fish processing capacity in the third year of operation, reaching 4.7 million euro in turnover and 2 million euro in net profit with a 44% net margin in year 3 and onwards. [ABSTRACT FROM AUTHOR] |
| Databáze: |
Supplemental Index |
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