Finnish food packaging manufacturer Huhtamaki has inaugurated a EUR 23 mn flexible packaging manufacturing facility in Cairo, according to a company press release. The unit is owned and operated as a joint venture with Huhtamaki’s joint venture partner in Egypt, Ayman Korra, with Korra holding a 25% stake.
More from Enterprise
Banks set for acquisition rush as CBE scraps 40% ownership cap for financial companies
The CBE will by extension see its oversight of these…
Miga guarantee unlocks USD 313 mn for National Bank of Egypt trade finance
Plus: Incolease taps securitization market with debut EGP 2 bn…
Egypt looks to restart privatization push with five new EGX filings
Egypt is looking to temporarily list 20 state-owned companies this…
Telda moves into investing with zero-fee stock trading
Telda claims users can sell a position and immediately spend…