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Business

Caviar Farm Comes to Western Pomerania

The world's largest facility for caviar and sturgeon products went into operation yesterday in the town of Demmin in the federal state of Mecklenburg-Western Pomerania, which borders the Baltic Sea. The Münchner Caviar Creator Manufaktur aims by the end of 2005 to be able to produce one ton of caviar and 20 tons of sturgeon products at the facility. With the new business location, the company hopes to increase it caviar output from three to 14 tons annually and become one of the largest caviar suppliers in the world. The company has invested 16 million ($19.5 million) euros in the facility, which has 176 pools for the sturgeon and can circulate 10,000 cubic meters of water per hour. The Munich-based company is aiming for sales of some eight million euros annually and is still pursuing some 3.4 million euros worth of supporting funds from the state of Mecklenburg-Western Pomerania, where the unemployment rate is around 25.5 percent.

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