The Spanish fishing group Nueva Pescanova told Lusa that it is undertaking a “strategic analysis” of the future of its operation in Mozambique, Pescamar, and is open to potential partnerships. “At present, there are no ongoing negotiations for the sale,” an official source from the Spanish group said when asked by Lusa about recent public claims in Mozambique regarding a possible sale of the Pescamar operation. The source added that Nueva Pescanova is conducting “a strategic analysis of the business,” which in Mozambique involved 26 vessels in 2024 (four fewer than in 2023), a total production of 2,918 tonnes, mainly of prawn, and more than 600 employees.
“And, in this context, the company may consider possible partnerships that could add value,” the source added. READ:Mozambique: Spanish company pulling out of prawn fishing In July 2025, the Spanish group announced an investment of €346,000 in the training of instructors, expansion of academic offerings, and extension of training opportunities to develop Mozambique’s fishing sector. “Under this new agreement, the programme will focus on strengthening the training of trainers at the Institute of Marine Sciences and Fisheries, particularly in areas that could not be fully addressed due to restrictions imposed by the pandemic,” the company said.
Nueva Pescanova Group is a multinational specialising in the capture, cultivation, production, and marketing of seafood products, headquartered in the Autonomous Community of Galicia, Spain. “The project, with a total budget of €346,000, will be implemented over the coming years to consolidate and develop the achievements of the first phase (2019–2021),” Pescanova explained at the time. The new phase results from an agreement signed in June in Santiago de Compostela, Spain, between the Nueva Pescanova Foundation and Pescamar, the group’s subsidiary in Mozambique, together with the Spanish International Cooperation and Development Agency, the Institute of Marine Sciences and Fisheries in Maputo, and the governments of Mozambique and the Autonomous Community of Galicia.
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