Sofrimar expands into new markets with help from Brexit Processing Capital Support Scheme

Sofrimar has a strong track record in developing and launching new and innovative products. Working closely with existing customers, constantly monitoring markets changes and with a dedicated Research and Development Facility. Sofrimar is ideally placed to take advantage of shifting consumer trends and technological advances in the marketplace.

In 2023 Sofrimar will have completed three Capital Investment Projects with a total expenditure of more than €4m. Grant Approval amounting to approximately €1.2m has been received under the Brexit Adjustment Reserve (BAR) fund Processing Capital Support Scheme administered by Bord Iascaigh Mhara (BIM), Ireland Seafoods Development Agency. The scheme, which will deliver up to €45 million in funding to the seafood processing sector, is funded by the European Union under the Brexit Adjustment Reserve.

This investment by Sofrimar, will results in the incorporation of new production lines and increased processing facilities will enable Sofrimar to increase numbers employed, process additional amounts of raw material and expand growth opportunities in export markets.

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