Home Tech/AIIndustry & Trade Swifax Egypt Plans Injecting EGP250mn Investments in 2014

Swifax Egypt Plans Injecting EGP250mn Investments in 2014

by Salma Ayman

Swifax Egypt For Chocolate Company plans pumping EGP250 million fresh investments within 2014.

Sales & marketing General Manager at Swifax chocolate Mohamed Shouman explained that these investments will be directing to increase the production lines of the factory to 5 lines and to double the production capacity from 100 tons per day to 200 tons/day  by the end of 2014.

In a statements to Amwal Al Ghad, Shouman added that  Swifax has two factories in 10th of Ramadan City one for producing chocolate and the other for Complementary industries.

Swifax is at the top of producing chocolate in Egypt in addition producing cream chocolate , stressing that the company exports around 20% from its products to South and North Africa and it eyes exporting European countries.

 

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