{"id":575462,"date":"2020-10-15T04:18:09","date_gmt":"2020-10-15T04:18:09","guid":{"rendered":"https:\/\/enterpriseam.com\/egypt\/2020\/10\/15\/edita-begins-legal-proceedings-against-greek-food-company-chipita\/"},"modified":"2020-10-15T04:18:09","modified_gmt":"2020-10-15T04:18:09","slug":"edita-begins-legal-proceedings-against-greek-food-company-chipita","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/egypt\/2020\/10\/15\/edita-begins-legal-proceedings-against-greek-food-company-chipita\/","title":{"rendered":"Edita begins legal proceedings against Greek food company Chipita"},"content":{"rendered":"<p><strong>DISPUTE WATCH- Edita Food Industries has begun <\/strong><strong><a href=\"https:\/\/enterprise.press\/stories\/2019\/08\/01\/edita-bod-to-probe-ending-contract-with-greeces-chipita\/\">legal proceedings<\/a><\/strong><strong> against <\/strong><strong>Greek food manufacturer <\/strong><strong><a href=\"https:\/\/www.chipita.com\/el-en\/about-us\/our-products-around-the-world\/\">Chipita<\/a><\/strong> at the Cairo Regional Center for International Commercial Arbitration over a contractual dispute relating to a manufacturing and technical services agreement signed in 2011, according to an <a href=\"https:\/\/ent.news\/2020\/10\/Edita-case.pdf\">EGX disclosure (pdf)<\/a>. Edita management claims the company received no technical support from Chipita (<a href=\"https:\/\/www.egx.com.eg\/downloads\/Bulletins\/232717_1.pdf\">pdf<\/a>) during the agreement, which was worth EUR 150k each year. The contract was signed in 2011, amended in 2013 and annulled in 2016.<\/p>\n<p><strong>Background:<\/strong> Chipita co-founded Edita in 1996 along with the Berzi family. The Greece-based company\u2019s Exoder Limited sold all of its shares in the company last year.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>DISPUTE WATCH- Edita Food Industries has begun legal proceedings against Greek food manufacturer Chipita at the Cairo Regional Center for International Commercial Arbitration over a contractual dispute relating to a manufacturing and technical services agreement signed in 2011, according to an EGX disclosure (pdf). Edita management claims the company received no technical support from Chipita [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"open","sticky":false,"template":"single-feature.php","format":"standard","meta":{"_acf_changed":false,"newspack_ads_suppress_ads":false,"newspack_popups_has_disabled_popups":false,"newspack_sponsor_sponsorship_scope":"","newspack_sponsor_native_byline_display":"inherit","newspack_sponsor_native_category_display":"inherit","newspack_sponsor_underwriter_style":"inherit","newspack_sponsor_underwriter_placement":"inherit","ep_exclude_from_search":false,"_primary_brand":0,"newspack_featured_image_position":"","newspack_post_subtitle":"","newspack_article_summary_title":"Overview:","newspack_article_summary":"","newspack_hide_updated_date":false,"newspack_show_updated_date":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[8572],"tags":[6093,6094,191,72,6092,2380],"brand":[],"newspack_spnsrs_tax":[],"class_list":["post-575462","post","type-post","status-publish","format-standard","hentry","category-speed-round","tag-cairo-regional-center-for-international-commercial-arbitration","tag-chipita","tag-edita","tag-enterpriseam","tag-legal-dispute","tag-speed-round","wpautop","entry"],"acf":{"mongo_id":"b4605835-0e3e-4fc8-b5d4-69bcc30636ff","is_powered_by":true,"section_story_id":"fe09d867-dea8-4f57-9725-da9e7b6b0ecb","story_type":"1","photo_url":"","photo_position":"above","related_issue":[575445],"teaser":"","voice_url":""},"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v27.1 (Yoast SEO v27.1.1) - https:\/\/yoast.com\/product\/yoast-seo-premium-wordpress\/ -->\n<title>Edita begins legal proceedings against Greek food company Chipita - EnterpriseAM Egypt<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/enterpriseam.com\/egypt\/2020\/10\/15\/edita-begins-legal-proceedings-against-greek-food-company-chipita\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Edita begins legal proceedings against Greek food company Chipita\" \/>\n<meta property=\"og:description\" content=\"DISPUTE WATCH- Edita Food Industries has begun legal proceedings against Greek food manufacturer Chipita at the Cairo Regional Center for International Commercial Arbitration over a contractual dispute relating to a manufacturing and technical services agreement signed in 2011, according to an EGX disclosure (pdf). Edita management claims the company received no technical support from Chipita [&hellip;]\" \/>\n<meta property=\"og:url\" content=\"https:\/\/enterpriseam.com\/egypt\/2020\/10\/15\/edita-begins-legal-proceedings-against-greek-food-company-chipita\/\" \/>\n<meta property=\"og:site_name\" content=\"EnterpriseAM Egypt\" \/>\n<meta property=\"article:published_time\" content=\"2020-10-15T04:18:09+00:00\" \/>\n<meta name=\"author\" content=\"enterpriseam admin\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"enterpriseam admin\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"1 minute\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2020\/10\/15\/edita-begins-legal-proceedings-against-greek-food-company-chipita\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2020\/10\/15\/edita-begins-legal-proceedings-against-greek-food-company-chipita\/\"},\"author\":{\"name\":\"enterpriseam admin\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#\/schema\/person\/ca597032db7e4db868359c123cec256d\"},\"headline\":\"Edita begins legal proceedings against Greek food company Chipita\",\"datePublished\":\"2020-10-15T04:18:09+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2020\/10\/15\/edita-begins-legal-proceedings-against-greek-food-company-chipita\/\"},\"wordCount\":110,\"publisher\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#organization\"},\"keywords\":[\"Cairo Regional Center for International Commercial Arbitration\",\"Chipita\",\"Edita\",\"EnterpriseAM\",\"legal dispute\",\"SPEED ROUND\"],\"articleSection\":[\"Speed Round\"],\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2020\/10\/15\/edita-begins-legal-proceedings-against-greek-food-company-chipita\/\",\"url\":\"https:\/\/enterpriseam.com\/egypt\/2020\/10\/15\/edita-begins-legal-proceedings-against-greek-food-company-chipita\/\",\"name\":\"Edita begins legal proceedings against Greek food company Chipita - 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The statement did not disclose what the terms of the agreement were. Edita\u2026","rel":"","context":"In &quot;Also on our Radar&quot;","block_context":{"text":"Also on our Radar","link":"https:\/\/enterpriseam.com\/egypt\/category\/also-on-our-radar\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":595628,"url":"https:\/\/enterpriseam.com\/egypt\/2019\/08\/01\/edita-bod-to-probe-ending-contract-with-greeces-chipita\/","url_meta":{"origin":575462,"position":1},"title":"Edita BoD to probe ending contract with Greece\u2019s Chipita","author":"enterpriseam admin","date":"1 August 2019","format":false,"excerpt":"DISPUTE WATCH- Edita to probe ending contract with Greece\u2019s Chipita: Edita Food Industries is probing a dispute over a \u201cmanufacturing and services contract\u201d with Greek snack maker Chipita, the company said in a bourse disclosure (pdf). Edita\u2019s chairman and managing director have been mandated with evaluating the situation and \u201cspecifying\u2026","rel":"","context":"In &quot;Speed Round&quot;","block_context":{"text":"Speed Round","link":"https:\/\/enterpriseam.com\/egypt\/category\/speed-round\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":598746,"url":"https:\/\/enterpriseam.com\/egypt\/2019\/06\/03\/edita-signs-usd-30-mn-loan-facility-agreement-with-the-ifc\/","url_meta":{"origin":575462,"position":2},"title":"Edita signs USD 30 mn loan facility agreement with the IFC","author":"enterpriseam admin","date":"3 June 2019","format":false,"excerpt":"INVESTMENT WATCH- Edita lands loan worth up to USD 30 mn from IFC: Edita has signed an agreement with the International Finance Corporation (IFC) for a seven-year facility that could be worth up to USD 30 mn, according to a statement (pdf). 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