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São Paulo – Egypt’s Nagy Group is intent on securing a foothold in Brazil. Based in the city of Nubariya, along the Alexandria-Cairo route, it exports items including oranges, lemons, onions, artichokes, grapefruit, chives, tomatoes, bell pepper and regular pepper.<\/p>\n
To Brazil, it plans on selling frozen strawberry and vegetables, green and black olives, extra-virgin olive oil and sun-dried tomatoes. <\/p>\n
“We have our own farms for these products in Egypt and we have a large stockpile,” explains director Mohamed Nagy. “We would like to work with a trader or a direct importer [in Brazil],” he says. <\/p>\n
The bulk of the Nagy Group’s exports goes to Australia, Holland and the United Arab Emirates. The company also ships product to Greece and Spain, where Mohamed is based.<\/p>\n
According to Nagy, his interest in Brazil stems from “the size of its market and its large population.” He believes the advantages of importing his products are product quality and a favorable exchange rate. “Countries such as Spain and Greece import olives and olive oil from Egypt and re-export to several countries because Egypt’s prices are competitive,” he remarks. <\/p>\n
According to the executive, the Nagy Group has been on the market for 40 years, and is a pioneering company in exporting fresh and frozen fruits and vegetables, with revenue ranging from USD 2 million to USD 3 million per year. <\/p>\n
Quick facts <\/strong> *Translated by Gabriel Pomerancblum<\/strong><\/p>\n
Nagy Group
Website: www.nagyfoods.com
Email: nagyfoods@gmail.com
Phone: +34 656 933 047 or + 201000 72 72 23<\/p>\n