FOR THE COMPANY AND THE GROUP
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:
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
December 2018 participates in a FP7 (Seventh Framework
Programme) call, the DIVERSIFY. The purpose of the
program is 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 has undertaken the
coordination of the program, deals 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
amounts to approximately € 82,000. Apart from the
research experiments that will take place at the
facilities of Galaxidi Marine Farm S.A., executives of
the company will attend conferences as well as the
annual coordination meetings of the program.
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.
MedAID newsletter 01.
the end of 2017, a new subsidized program entitled "DECIDE", in which
the company will be involved, may be approved to be granted and will deal with
the measurement, design and evaluation of ecologically intensified European
aquaculture systems. Its aim will be to allow for the sustainable development
of aquaculture, overcoming certain barriers by developing a strong basis for
decision-making within industry and governments. DECIDE will develop new
products for food, fish health protection and sustainable aquaculture, opening
up new highly specialized markets, reducing import dependency, increasing
ecological profitability and increasing social acceptance. In addition, DECIDE
will develop a new RAF (Resource Accounting Framework) for fish farms that
integrates data from accounting and financial monitoring, and this can be used
as a management tool to increase cost and resource efficiency.