{"id":595628,"date":"2019-08-01T04:35:19","date_gmt":"2019-08-01T04:35:19","guid":{"rendered":"https:\/\/enterpriseam.com\/egypt\/2019\/08\/01\/edita-bod-to-probe-ending-contract-with-greeces-chipita\/"},"modified":"2019-08-01T04:35:19","modified_gmt":"2019-08-01T04:35:19","slug":"edita-bod-to-probe-ending-contract-with-greeces-chipita","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/egypt\/2019\/08\/01\/edita-bod-to-probe-ending-contract-with-greeces-chipita\/","title":{"rendered":"Edita BoD to probe ending contract with Greece\u2019s Chipita"},"content":{"rendered":"<p><b>DISPUTE WATCH- Edita to probe ending contract with Greece\u2019s Chipita: <\/b>Edita Food Industries is probing a dispute over a \u201cmanufacturing and services contract\u201d with Greek snack maker Chipita, <a href=\"http:\/\/www.egx.com.eg\/downloads\/Bulletins\/232717_1.pdf\">the company said in a bourse disclosure (pdf)<\/a>. Edita\u2019s chairman and managing director have been mandated with evaluating the situation and \u201cspecifying the necessary legal course.\u201d The company said it had not received any technical support, despite a contract valued at EUR 150k a year that it had signed in April 2011 with Chipita. The contract was annulled under an informal agreement in 2016, but appears to still be in force. No further details were provided. <a href=\"https:\/\/www.chipita.com\/el-en\/joint-ventures\/edita\/\">Chipita<\/a> co-founded Edita with the Berzi family in 1996. The Greece-based company\u2019s Exoder Limited owned (as of August 2019) 13% of the leading Egyptian snack maker, after selling some of its shares when Edita went public in 2015.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>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 the necessary legal course.\u201d The [&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":[6094,191,72,131,2380],"brand":[],"newspack_spnsrs_tax":[],"class_list":["post-595628","post","type-post","status-publish","format-standard","hentry","category-speed-round","tag-chipita","tag-edita","tag-enterpriseam","tag-manufacturing","tag-speed-round","wpautop","entry"],"acf":{"mongo_id":"bd31b019-a99c-4731-abf4-ccd201841786","is_powered_by":true,"section_story_id":"7b739700-eb82-4db2-8656-be884d8f0e93","story_type":"1","photo_url":"","photo_position":"above","related_issue":[595616],"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 BoD to probe ending contract with Greece\u2019s 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\/2019\/08\/01\/edita-bod-to-probe-ending-contract-with-greeces-chipita\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Edita BoD to probe ending contract with Greece\u2019s Chipita\" \/>\n<meta property=\"og:description\" content=\"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 the necessary legal course.\u201d The [&hellip;]\" \/>\n<meta property=\"og:url\" content=\"https:\/\/enterpriseam.com\/egypt\/2019\/08\/01\/edita-bod-to-probe-ending-contract-with-greeces-chipita\/\" \/>\n<meta property=\"og:site_name\" content=\"EnterpriseAM Egypt\" \/>\n<meta property=\"article:published_time\" content=\"2019-08-01T04:35:19+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\/2019\/08\/01\/edita-bod-to-probe-ending-contract-with-greeces-chipita\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2019\/08\/01\/edita-bod-to-probe-ending-contract-with-greeces-chipita\/\"},\"author\":{\"name\":\"enterpriseam admin\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#\/schema\/person\/ca597032db7e4db868359c123cec256d\"},\"headline\":\"Edita BoD to probe ending contract with Greece\u2019s Chipita\",\"datePublished\":\"2019-08-01T04:35:19+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2019\/08\/01\/edita-bod-to-probe-ending-contract-with-greeces-chipita\/\"},\"wordCount\":149,\"publisher\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#organization\"},\"keywords\":[\"Chipita\",\"Edita\",\"EnterpriseAM\",\"Manufacturing\",\"SPEED ROUND\"],\"articleSection\":[\"Speed Round\"],\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2019\/08\/01\/edita-bod-to-probe-ending-contract-with-greeces-chipita\/\",\"url\":\"https:\/\/enterpriseam.com\/egypt\/2019\/08\/01\/edita-bod-to-probe-ending-contract-with-greeces-chipita\/\",\"name\":\"Edita BoD to probe ending contract with Greece\u2019s Chipita - 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Edita management claims the company received\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":631328,"url":"https:\/\/enterpriseam.com\/egypt\/2018\/03\/15\/edita-signs-agreement-with-dislog-for-morocco-venture\/","url_meta":{"origin":595628,"position":1},"title":"Edita signs agreement with Dislog for Morocco venture","author":"enterpriseam admin","date":"15 March 2018","format":false,"excerpt":"Packaged snack food producer Edita announced signing a partnership agreement with Morocco\u2019s Dislog Group, according to a company disclosure. The agreement follows an MoU signed between the two companies in December. According to the agreement, Edita and Dislog will start a snack food factory in Morocco under a greenfield investment.\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":594145,"url":"https:\/\/enterpriseam.com\/egypt\/2019\/10\/21\/egyptian-snackfoods-giant-edita-receives-mad-15-mn-grant-from-morocco\/","url_meta":{"origin":595628,"position":2},"title":"Egyptian snackfoods giant Edita receives MAD 15 mn grant from Morocco","author":"enterpriseam admin","date":"21 October 2019","format":false,"excerpt":"Edita receives EGP 25.4 mn grant from Morocco\u2019s gov\u2019t under manufacturing incentive program for foreign investors: Edita\u2019s Moroccan subsidiary, Edita Food Industries Morocco, has landed an MAD 15 mn (c. EGP 25.4 mn) grant from the Moroccan government. The grant is part of a Moroccan program to attract foreign direct\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":634802,"url":"https:\/\/enterpriseam.com\/egypt\/2018\/01\/24\/edita-looking-into-overseas-production-expansion\/","url_meta":{"origin":595628,"position":3},"title":"Edita looking into overseas production, expansion","author":"enterpriseam admin","date":"24 January 2018","format":false,"excerpt":"Edita, Egypt\u2019s largest producer of packaged snack food, is planning to start overseas operations to offset local currency fluctuations, Bloomberg\u2019s Tamim Elyan writes. Chairman and Managing Director Hani Berzi says Edita is seeking to expand in sub-Saharan Africa and Asia through manufacturing projects and exports. The company had already announced\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":595628,"position":4},"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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