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ABOUT COMPANY

Russian Fishery Company

Russian Fishery Company is one of the largest Russian producers of wild white fish, one of the leading producers of Alaska Pollock in Russia and globally. Its annual quota for fish harvesting is more than 300 thousand tons (depending on annual TAC, 302.2 thousand tons in 2019) .

RFC is a vertically integrated company - from wild fish harvesting to on-board processing, producing high value-added products. Its fishing species are Alaska Pollock (about 80%), Pacific Herring and others. 

The Russian Fishery Company includes large Far Eastern fishing companies (TURNIF, INTRAROS, Vostokrybprom, Sovgavanryba). 

Its primary commercial fishing grounds are in the Bering Sea and The Sea of Okhotsk, some of the cleanest oceanic areas of the entire globe. The Company's fleet is made up of 14 large catching trawlers, as well as two refrigerator vessels. Large fishing vessels are well suited to work in all fishing areas and under all climate conditions. The efficiency of RFC's fishing process, as well as the environmental responsibility, are confirmed by an MSC certificate.

RFC is implementing a fleet modernization program to further facilitate the production of high value-added products. 6 vessels have been refurnished with new equipment, allowing RFC to significantly increase Pollock and Herring fillet production. 

Annual quota
more than
300 thousand tons
RFC employs
about
2000 people

COMPANY STRUCTURE


STRATEGY

RFC strategic goal is to become the world leader in Pollock harvesting and processing.

Key priorities of RFC strategy:

·       Fleet operational efficiency increase

·       Development of processing and increase of high value-added products share

·       Orientation to the end customer and production of  “ready to cook” and “ready to eat” products

·       Innovative technologies implementation and HSE improvement 

By the end of 2025, according to the fleet renewal program, RFC plans to build 11 modern new generation supertraulers with an increased ice class and greater productivity. 10 of them will be built under the state program of investment quotas.

The new vessels will bring additional benefits to the company’s employees, as crews will see significant improvements in working conditions, more time-off, as well as further attention paid to health and safety conditions. The brand-new equipment will allow the company to produce Pollock surimi and increase the overall output of high value-added products. 

In 2019, the Company commissioned a cod and haddock processing plant Russian Cod with a capacity of more than 50 tons of products per day in Murmansk. Today, RFC is building another plant in Murmansk and a plant for pollock and herring processing "Russian Pollock" with a capacity of more than 100 tons of finished products per day in the Far East.

Commissioning of new super trawlers and onshore processing facilities will allow RFC to process up to 100% of the catch into high value-added products and increase the quota for catching Pollock, which will make the Russian Fishery Company  the global leader in this sphere