August 23, 2010

Greece Ð A Growing Market for Israeli Foods

Tel Aviv…Greece is emerging as a growing market for Israeli foods, particularly in light of the improved relationship between the two countries after the flotilla fallout with Turkey. Israeli ready-meals company Hamim VeTaim and Greek food distributor Veropoulos have signed the first ever food-distribution deal between and Israeli and a Greek food companies, Mazon reported. According to the website, Veropoulos will import a line of Hamim VeTaim ready-meals specifically formulated for the Greek market. The initial order is for €50,000, and Hamim VeTaim estimates orders will come to hundreds of thousands of Euros annually. Trade between Israel and Greece was estimated at under $500 million. Israeli food sources are hoping that Greece will emerge as a major client for Israeli foods in the years to come.