Save Foods (NASDAQ: SVFD) (FSE: 80W), an agri-food tech company specializing in eco crop protection that helps to dramatically reduce the use of pesticides, reduce food waste and ensure food safety, today announced a new partnership with Korair, that together with Accentis group, will introduce Save Foods’ treatments in Morocco. A major exporter of fruits and vegetables worldwide, an estimated 60% of Morocco’s agricultural exports are delivered to the European Union. “Tightening global regulations, mainly in the European Union, related to food safety and quality assurance, are driving increased interest in Save Foods’ treatments globally,” said Dan Sztybel, CEO of Save Foods Ltd., the company’s Israeli subsidiary. “Major exporting countries, such as Morocco, seek new solutions to address changing market dynamics and better meet the regulation criteria and customers’ needs. Meeting regulation criteria is a ‘must have’ factor for produce exporters. Post-harvest losses in Morocco are estimated between 20 to 40%, and we believe we can be part of the solution to this growing problem. Moreover, the extended shelf life provided by Save Foods’ eco crop protection treatment offers growers, retailers and consumers a wider window to transport, sell, store and consume produce. Save Foods’ treatments are non-toxic and easy to apply, and they not only extend shelf life, but provide a high level of food safety that benefits consumers.”
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About Save Foods Inc.
Save Foods is an innovative, dynamic company addressing two of the most significant challenges in the agri-food tech industry: food waste and loss and food safety. The company is dedicated to delivering integrated solutions for improved safety, freshness and quality, every step of the way from field to fork. Collaborating closely with its customers, Save Foods develops new solutions that benefit the entire supply chain and improve the safety and quality of life of both workers and consumers alike. Its initial applications are in post-harvest treatments in fruit and vegetable packing houses that process produce including citrus, avocado, pears, apples and mangos. By controlling and preventing pathogen contamination and significantly reducing the use of hazardous chemicals and their residues, Save Foods’ treatments not only prolong fresh produce shelf life and reduce food loss and waste, but they also ensure a safe, natural and healthy product. For more information, visit the company’s website at www.SaveFoods.co.
NOTE TO INVESTORS: The latest news and updates relating to SVFD are available in the company’s newsroom at https://ibn.fm/SVFD
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