Kommersant reported citing market sources that OJSC Russian Sea Group might sell its Noginsk fish preserve plant to Santa Bremor Ltd. Volga Resources SICAV-SIF S.A., shareholder of Russian Sea said, “The deal to sell Russian Sea is a necessary step to raise the financial sustainability of the group. Shareholders will proactively participate in other branches of the business of the group, including fish breeding and trade, and will study other possibilities to ensure growth and diversification of the business." Volga did not provide any information about the name of the buyer. Sources said that the deal would amount between $50 and $55 million.