Edita Food Industries plans to recover the pace of sales growth this year and open new export markets. Hani Berzi, chairperson of Edita, said that the company has become more accommodating to market changes and adapting to the ongoing economic reforms. She added that the company plans to expand its exports to Middle Eastern markets, particularly Palestine, Iraq, Lebanon, Jordan, and Saudi Arabia. The company’s market value is standing at EGP 14.03bn. The company plans to start operating the first production lines of its new plant E08 in the Polaris Al Zamil Industrial Park (PZIP) during the second half of 2017.

Source: Daily News Egypt May 13, 2017 15:33 UTC