Save Foods (NASDAQ: SVFD) (FSE: 80W), an agri-food tech company specializing in ecocrop protection designed to reduce food waste and ensure food safety, is anticipating a successful 2022–2023 citrus season in Turkey. The company announced that Kalyoncu Nakliyat Turizm Ticaret ve Sanayi Limited Şirketi (Kalyoncu), which exports approximately 22% of Turkey’s fresh produce, submitted its first order to SVFD for the upcoming season; the company had previously noted that it anticipates purchasing more than $1 million of Save Food treatments throughout the season. Kalyoncu participated in an earlier successful pilot program with Save Foods. “Russia has historically been Turkey’s main market for mandarins, and 52% of all Turkish citrus fruits were supplied to Russia in 2020,” said Save Foods CEO Dan Sztybel in the press release. “Due to the ongoing conflict between Russia and Ukraine, these exports are now being diverted to other markets, such as the EU. As we have reported previously, regulations regarding pesticide residues on produce are becoming increasingly stringent in the EU and other markets, and some of the leading European supermarkets require products to comply with a residue level of 50% or less of the legal limit. That is where Save Foods comes in. We believe our ecocrop protection treatment will help our Turkish customers further expand their presence in the EU, primarily by allowing them to comply with the otherwise stringent regulations they did not encounter so far. We are thrilled to start the citrus season in Turkey with one of our local partners, Kalyoncu and we see significant potential in working with them on other produce such as bell peppers and cherries that Save Foods treatments showed great results with.”
To view the full press release, visit https://ibn.fm/8TUCL
About Save Foods Inc.
Save Foods is an innovative, dynamic company addressing two of the most significant challenges in the agrifood tech industry: food waste and loss and food safety. The company is dedicated to delivering integrated solutions for improved safety, freshness and quality, every step of the way from field to fork. Collaborating closely with its customers, Save Foods develops new solutions that benefit the entire supply chain and improve the safety and quality of life of both workers and consumers alike. SVFD’s initial applications are in post-harvest treatments in fruit and vegetable packing houses that process produce such as citrus, avocado, pears, apples and mangos. By controlling and preventing pathogen contamination and significantly reducing the use of hazardous chemicals and their residues, Save Foods treatments not only prolong fresh produce shelf life and reduce food loss and waste, but they also ensure a safe, natural and healthy product. For more information about the company, visit www.SaveFoods.co.
NOTE TO INVESTORS: The latest news and updates relating to SVFD are available in the company’s newsroom at https://ibn.fm/SVFD
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