Save Foods Navigates Brazilian Regulation and Commences Commercial Activity Through Exclusive Local Distributor
Save Foods, Inc. (SVFD)
Company Research
Source: GlobeNewswire
Brazil ranked third globally in fruit export in 2023 Neve Yarak, Israel, Feb. 26, 2024 (GLOBE NEWSWIRE) -- Save Foods, Inc. (NASDAQ: SVFD) (FSE:80W) (“Save Foods” or the “Company”), a pioneer Agri-Food Tech company offering sustainable solutions for agriculture and plant based food, announced today the commencement of commercial activity in Brazil. The Company's entry into the Brazilian market was facilitated by the Company's local exclusive distributor after confirming that Save Foods’ solutions comply with local regulations. With regulatory barriers unhindered, the Company's distributor is set to start marketing an ordering process. According to Fresh Plaza, Brazil's fruit exports witnessed a 6% rise in 2023, reaching a total of 1.06 million tons and generating revenue in excess of $1.2 billion, a substantial 26.73% increase from the previous year. "Our eco crop protection solution is precisely what Brazilian packers need to continue their growth in the EU market," said Dan Szty
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News
- Save Foods Announces Corporate Rebranding Changes Name to N2OFF Inc. to Reflect Core Values of its Business [Yahoo! Finance]Yahoo! Finance
- Save Foods Announces Corporate Rebranding Changes Name to N2OFF Inc. to Reflect Core Values of its BusinessGlobeNewswire
- Save Foods and Citrus Tree Treat Over 20 Tons of Fruit in the Brazilian Market [Yahoo! Finance]Yahoo! Finance
- Save Foods and Citrus Tree Treat Over 20 Tons of Fruit in the Brazilian MarketGlobeNewswire
- Save Foods gets regulatory nod in California for its pre-harvest product [Seeking Alpha]Seeking Alpha
SVFD
Sec Filings
- 3/19/24 - Form 8-K
- 2/21/24 - Form 8-K
- 2/12/24 - Form 8-K
- SVFD's page on the SEC website