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                Seawave Fisheries Ltd
                was established in 1995 and operates in the fish-farming 
                sector. The company followed rapid growth and today is 
                positioned among the four major fish farming companies in 
                Cyprus. It operates in the area of Vasiliko/ Zygi at the 
                Southern coast of Cyprus.
                 
                 
                Currently, the Company operates twenty-five cages. Ten of these 
                cages have capacity of 180,000 fish each, whereas the rest 
                fifteen cages have capacity of 90,000 fish each. The current
                capacity of the company is 
                estimated at about 700 tonnes (sea-bream/ sea-bass).
 The Company has fifteen (15) employees in the production field, 
                whereas another seven (7) are employed at sales. A number of 
                specialists are employed in the fields of fish-stock monitoring, 
                quality control, equipment upgrade/ maintenance, and production 
                planning and control. A continuous upgrade in equipment is 
                followed, such as cars, boats, lifting equipment, etc. Diving 
                personnel continuously attends courses for safe diving practices.
 
 A new 
                packaging facility is about to be completed soon, 
                which will comply with all food quality and hygiene 
                specifications as these are set by National and European law. 
                This site will also accommodate the Company’s head-offices.
 
 
                Seawave Fisheries Ltd has a strong 
                Research & 
                Development orientation. Currently, 
                the Company acts as a coordinator for the research project: 
                Operational models for process optimisation in Cyprus’ fish 
                farming industry, partially funded by the Cyprus Research 
                Promotion foundation. Project consortium, apart from Seawave 
                Fisheries, comprises of Frederick Institute of Technology, 
                Cyprus, and National Technical University of Athens, Greece. 
                Additionally, the Company has led another research project 
                relating to new fish species introduction (Siganus Rivulatus).
                 
                The Company also participates in the 
                European Aquaculture Technology Platform (www.EATPnet.eu).
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