Egypt’s first soft drinks company Spiro Spathis has witnessed a 300 percent increase in its revenues, following calls to boycott a number of competitors companies that mentioning their open support of Israel.
Youssef Talat, chairman of Spiro Spathis, said that the company stepped up production to meet all the needs of the local market, noting that too many places have been already covered in different governorates across the country.
The company has also opened the door to employment for those who lost their jobs in international companies, as it is currently studying to produce new food and diet products to be introduced in the coming period.
Spiro Spathis Company was established in 1920 by a Greek Foreigner SpiroSpathis who arrived in Egypt with a vision to introduce new and innovative beverages. In 1922, the company achieved a major milestone by producing the first-ever soda drink in Egypt.
