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Mercatenerife modernizes its center with the first investment plan in its history

February 20, 2023
in El Dia
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Mercatenerife modernizes its center with the first investment plan in its history
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Central Supply Markets TenerifeSA (Mercatenerife), the wholesale market for the sale and distribution of fruit and vegetable products, will be the object of an investment of more than three million euros to modernize its facilities. The president of the Cabildo de Tenerife –entity that owns 42.42% of its capital–, Peter Martin, not only defends “the leap in quality that Mercatenerife has taken in recent years”, but also highlights the fact that it has, for the first time in its history, an Investment Plan endowed with 3.2 million euros. “We are going to continue deepening, developing and modernizing this space,” he points out.

Pedro Martín, who visited the Mercatenerife facilities together with the Island Councilor for Agriculture, Livestock and Fisheries, Javier Parrilla, maintains that “When we arrived at the island government, we found an entity that did not have any type of planning, that had a debt of more than two million euros, an obvious abandonment of its infrastructures and an occupation that barely exceeded 65”.

Mercatenerife has made a leap in quality that we will reinforce with new investments

Pedro Martín – President of the Cabildo


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The work carried out since mid-2019 by the island Administration has made it possible to “increase its capacity and the commercial activity has worked”. The president assures that at present, “Mercatenerife has healthy accounts, with an occupancy rate of 99% and the best revenue figures in its history,” remarked the island president.

Balance. The economic results obtained by the public company in 2022 are higher than those achieved in 2019 (the last pre-pandemic year), data that occurs “despite the fact that we have increased maintenance expenses and that we have had to reinvest part of the income to clean up the accounts ».

The project. Among the actions included in the Investment Plan for Mercatenerife are the improvement and modernization of the interior and exterior lighting of the warehouses, a work that will begin to be carried out next March; the installation of photovoltaic panels, to minimize electricity consumption and offer energy to customers at lower prices; the adaptation and improvement of the bathrooms and the replacement of the roofs of the ships.

The president of the Cabildo anticipates that the purpose is to agree with the businessmen located in the complex the actions and investments linked to the development and improvement of the facilities that are put into operation in Mercatenerife. To this end, Pedro Martín announces that a market commission will be set up.

Local product. The insular Councilor for Agriculture, Livestock and Fisheries, Javier Parrilla, emphasizes “the work that has been carried out by increase the presence of the local product in the market». He explains that in 2022, Mercatenerife received 78,940,260 kilos of fruit, vegetables and potatoes, which is 5% more than in 2021 (3.8 million more kilos). «Of these, 43.8% were local products (34.5 million kilos), which shows our commitment to continue increasing, as far as possible, this local product that is increasingly in demand by consumers, restaurants and the tourism sector”, points out the island councilor.

Parrilla Gómez also advances that for respond to the growing logistics demand and be able to expand the marketing areas, we work on the search for new spaces. “All of this, with the aim of continuing to consolidate Mercatenerife as a benchmark for local, national and foreign companies.”

Origin

Mercados Centrales de Abastecimiento de Tenerife, SA (Mercatenerife) was born on February 21, 1974 (49 years ago tomorrow) and in June 1975 the Cabildo de Tenerife became part of the shareholding, with 41% of the capital. The shareholding today is completed by 17 island councils and Mercasa, a state-owned public company and founding shareholder.



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