The grants are co-financed by the European Maritime, Fisheries and Aquaculture Fund (EMFAF).
Xunta de Galicia
The Regional Government of Galicia in Spain, the Xunta de Galicia, has announced the allocation of €59.5 million in grants to support the creation of new business projects and enhance the competitiveness of existing ones in the aquaculture sector.
Specifically, 206 projects will be approved, 202 of which correspond to productive investments in aquaculture companies and will receive €58.8 million in public funding.
This translates into a total investment volume of €156 million, which will be managed by the Consellería do Mar and co-financed by the European Maritime, Fisheries and Aquaculture Fund (EMFAF).
The remaining four projects will receive €643,537.75 and will focus on improving energy efficiency and promoting the transition of companies to renewable energy sources, with a total investment of approximately €1.6 million.
94% of the grants will go toward the construction or modernization of rafts and auxiliary vessels for mussel production. In addition, there is a clear commitment to land-based aquaculture, with nearly €140 million being invested in hatcheries, marine farms, and inland fish farms.
Among the new facilities is the first salmon farming plant in Burela, supported by the company Seafood Legacy. It will produce 3,000 tonnes of salmon per year, receive €25 million in public funding, and create up to 100 jobs.
Also noteworthy are the first sole hatchery in Cervo, developed by Stolt Sea Farm, with an estimated annual production of 400 tonnes, and the expansion of the Aquacria Arousa sole hatchery, which will receive nearly €5 million in funding and will double its annual production capacity.
Galicia is a "European powerhouse in aquaculture," with more than 2,600 companies that surpassed €200 million in revenue in 2024, generating 5,600 direct jobs, recalled Diego Calvo, Regional Minister of Presidency, Justice, and Sports.
