As a result of the military actions in Ukraine, the prices of energy carriers and fuels have risen sharply, which directly reflects on the cost of produced fish products. Due to the inflation that has appeared, there is also a change in the preferences of consumers, who are oriented towards the consumption of cheap, low-budget fish imports at the expense of quality and fresh articles with catches originating from the Black Sea. A sharp collapse in sales resulted. The disturbances in the market reflected sharply on the financial liquidity of the company as for the period 01.01.2022. until 31.08.2022, the company's revenues amounted to only BGN 33,565.5, with costs for raw materials, materials and external services of over BGN 63,509, and labor costs for the period were over BGN 16,000. For comparison, for the same period but for the previous year (January 1, 2021 to August 31, 2021), the company's fishing revenues amounted to over BGN 108,000 with identical and even lower costs. In the permitted periods, an immediate danger of free-floating sea mines in the Black Sea water area was registered, posing a danger to the crew and the fishing vessel as a result of the immediate military actions in the Black Sea. Our concerns were chiefly for the health and lives of the crew, for when going out early in the morning, as well as when returning late in the evening, the mines could not be seen by the captains. Hitting fishing vessels with a mine can be surprising and at any time in the open sea, especially in case of light waves and/or coincidence of course with sea currents. Our ships are the only asset of the company and for this reason we consider it more important that they are kept undamaged until the international situation calms down. The crews of the fishing vessels themselves are also stressed and supported the company's decision not to enter the sea.
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