Research & Development (R&D)


The Company, in cooperation with Greek and foreign universities and research centers, through European Community and state-funded programs and with its own participation, makes investments in the improvement of its equipment as well as in the development of the techniques of production and management of its fish population. The Research and Development Department deals with the following programs:

1.       In collaboration with the Department of Aquaculture of the Animal Breeding & Genomics Centre of the Institute Wageningen UR Livestock Research in the Netherlands, the Company has developed a breeding program for the Mediterranean sea bass and sea bream, with the aim of improving fish population in terms of both increasing the growth rate and maintaining fish shape. This program started in January 2014 and its first phase was completed in April 2017. From May 2017 and for the next decade, the contract for cooperation with the above Institute was renewed.




2.   At the same time, the company from October 2016 to November 2018 participated in a FP7 (Seventh Framework Programme) call, the DIVERSIFY. The purpose of the program was to explore the biological and socio-economic potential of new / emerging candidate fish species for the expansion of European aquaculture industry. The Company, in collaboration with the Hellenic Center for Marine Research (HCMR), which had undertaken the coordination of the program, dealt with the reproduction of the Greater Amberjack (Seriola dumerilli) in Work Package 3, as well as with the larvae rearing in Work Package 15. 

     The amount of subsidy allocated to the Company by the European Commission amounted to approximately € 82,000. Apart from the research experiments that took place at the facilities of Galaxidi Marine Farm S.A., executives of the company attended conferences as well as the annual coordination meetings of the program. (For more information:


Pic. 2: From the annual coordination meeting of the DIVERSIFY program, held in Barcelona, in January 2017.

3.     Also, from May 2017 until April 2021, the company will participate in the European Commission H2020 (Horizon 2020) call, named MedAID –a program funded by the European Union, which is co-ordinated by the Mediterranean Agronomic Institute of Zaragoza-International Center for Advanced Mediterranean Agronomic Studies (IAMZ-CIHEAM ) and the Institute for Research and Technology of Agricultural Products (IRTA). The aim of this program is to improve the technical performance of Mediterranean aquaculture. The company's involvement in the above program includes participation in research experiments to be carried out at its premises as well as the completion of questionnaires on the products and sales of its breeding species in Work Packages 2, 3, 5 and 8 respectively. The participation of its executives in conferences and in the annual meetings for coordinating and monitoring the development of the MedAID program is necessary and very constructive, since through the discussions and the results announced, knowledge, techniques and experience are disseminated both by the companies involved to the research centers , and vice versa. The amount of the subsidy to the Company amounts to approximately € 107,000. 

Pic. 3: From the kick-off meeting of the MedAID project, held in Zaragoza in May 2017.

This project has received funding from the European Union’s
Horizon 2020 research and innovation programme under
grant agreement No. 727315

 MedAID newsletter 01. October 2017
 MedAID newsletter 02, June 2018

 In the Spotlight: Thomas SIARMPAS and Kalliopi TSAKONITI, July 2018
 MedAID newsletter 03, November 2018


4.  From November 2018 to October 2022, the company participates in the Horizon 2020 project called “FutureEUAqua”, which is funded by the European Union. The coordinator is one of the largest applied research institutes in the fisheries, aquaculture and food research Europe, Nofima. The overall objective of FutureEUAqua is to effectively promote sustainable growth of resilient to climate changes, environmental friendly organic and conventional aquaculture of major fish species and low trophic level organisms in Europe, to meet future challenges with respect to the growing consumer demand for high quality, nutritious and responsibly produced food. The amount of the subsidy to the Company amounts to approximately € 65,000.


Pic. 4: From the kick-off meeting of the FutureEUAqua project, held in Norway in December 2018



5. Also in the same month, another EPAnEK Operational Program (2014-2020), entitled "Preventing Vibrio harveyi's vibriosis with innovative tools", was signed with the acronym "ROBUST". The company will contribute to the project by providing raw material (water, fish, etc.) as well as access to its premises in the HCMR research team, which are essential for the development of tamoxifens and bacteriophages for the prevention of Vibrio harveyi bacteria. The products to be developed will be tested in vitro at HCMR and in vivo at the University of Crete. In the final phase of the project, company will test the products in real industrial scale cultivation conditions. The amount of subsidy attributable to the Company amounts to approximately € 42,000.






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