Save Foods establishes presence in Turkey as it seems
TEL AVIV, Israel, September 17, 2021 (GLOBE NEWSWIRE) – via InvestorWire – Save Foods (Nasdaq: SFVD) (âSave Foodsâ or the âCompanyâ), a food technology company focused on the development and sale of eco-friendly products specifically designed to extend the shelf life and ensure food safety of fresh fruits and vegetables, announces that it has hired a post-harvest commercial expert in Turkey, well connected to the local products market, especially in the citrus sector, to introduce the company to local post-harvest operators with links to the EU product market.
The Union of Mediterranean Exporters notes that Turkey exported a record $ 2.7 billion worth of fruit and vegetables in 2020, up 21% from 2019. According to Trading Economics, 22% of these products were sent to Germany. Mandarins were the country’s main fruit export, accounting for $ 437 million, followed by tomatoes and lemons.
Dan Sztybel, CEO of Save Foods Ltd., the company’s Israeli subsidiary, said: âThe EU is an important market for Save Foods and Turkey is a natural gateway for us. Our treatments are extremely effective on mandarins – Turkey’s main export – as evidenced by our trusting relationship with Cuties â¢, one of the top-selling product brands in the United States.
The EU maintains maximum residue limits (MRLs) for pesticides in or on food to protect consumers from unnecessarily high residue levels and the associated health risks. Likewise, some large food distributors in Europe have developed and implemented their own MRLs, often more stringent than those imposed by the EU. The EU recently published the ‘Farm To Fork Green Deal Initiative’ which sets concrete targets to reduce food waste and pesticide use in the EU by 50% and convert a quarter of total agricultural land in the EU. EU in organic crops.
Dror Eigerman, post-harvest expert and member of the company’s advisory board, concluded: âSave Foods products offer a perfect solution for Turkish product packers; Not only do they represent a sustainable green investment, but they also offer a safe, efficient and green processing alternative that will allow packers to comply with new EU regulations. Our local expert is well placed to introduce us to suitable clients across the country. The preliminary discussions were very well received and we are on track to launch trials with several local packaging plants for the coming growing season.
About Save Foods
Save Foods is an innovative and dynamic company that tackles two of the most important challenges of the food industry: food waste and loss and food safety. Save Foods is committed to providing integrated solutions for improved safety, freshness and quality, every step of the way, from field to plate. Save Foods develops new solutions that benefit the entire supply chain and improve the safety and quality of life for workers and consumers.
For more information, visit our website at https://savefoods.co/
This press release contains forward-looking statements within the meaning of the safe harbor provisions of the Private Securities Litigation Reform Act of 1995 and other federal securities laws. The forward-looking statements contained in this press release are subject to other risks and uncertainties, as well as those discussed under the heading “Risk Factors” in Save Foods’ annual report on Form 10-K filed with the SEC on March 29, 2021, and in any subsequent filing.
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