Page 46 - TURKRptNov21

9.2 Major corporate news 9.2.1 Agriculture corporate news
US-based Save Foods Inc (Nasdaq/SVDF), a chemicals producer that extends the shelf life of fruit and vegetables, has engaged an unnamed local commercial post-harvest expert in Turkey to introduce its products to Turkish post-harvest citrus industry operators with ties to the EU market.
Italy’s Ferrero, the maker of Nutella, is still getting bad press due to its dominant position in Turkey’s nut sector and complaints from nut gatherers of poor pay and conditions. Turkey accounts for 82% of global hazelnut exports and annually exports about 300,000 tonnes of hazelnut. Ferrero is Turkey's top hazelnut purchaser.
Ferrero has six facilities and more than 1,000 employees in Turkey. It has been sourcing hazelnuts across Turkey’s northern Black Sea regions for 35 years. In 2014, it acquired Turkey's Oltan Group—a local market leader that procures, processes and sells nuts.
46 TURKEY Country Report November 2021 www.intellinews.com