FINANCIAL NEWS

Egypt- Herbs Maker aims EGP100mn exports this year

01 Mar 2017

(MENAFN) Herbs Maker, a firm that produces and exports herbs, spices and grains, aims to achieve EGP100mn of exports this year.

Accordingly, the company also aims to enhance the size of its herbal products, spices and cereals exports by 40 percent to reach EGP100mn, up from EGP70mn in 2016.

Meanwhile, the firm exported to 13 nations, involving Ukraine, Russia, Romania, Albania, Italy, Austria and Israel; beside 12 Arab nations, involving Jordan, KSA, UAE and others.

Moreover, the cost of production and packaging increased by 40 percent in the current period on the back of growing prices of raw materials and seeds.

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MENAFN0103201700450000ID1095275977

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