Juhayna Food Industries

Juhayna Food Industries is an Egyptian company established in 1983 and began producing dairy, yogurt, and juice in April 1987 with a capital of £E1.3 million. Juhayna Dairy was merged into Juhayna Food Industries in 2004 to become a company specializing in the production of milk, milk products and juices, in addition to its owning of 5 industrial companies, a company for sales and logistics, and a company for agricultural and animal production. Juhayna Food Industries began its activities in January 1996. It manufactures milk and dairy products. Its licensed capital is £E5 billion and the paid-up capital is £E706,053,811 distributed over 706,053,811 shares with a nominal value of £E1 per share. The company was listed on the stock exchange in May 2010 and it is among the main index companies on the EGX 30.[1]

This article is about the Egyptian food company. For the Arab tribe, see Juhaynah.

History

The company was established in 1983 by the Egyptian engineer, Safwan Thabet. It signed an agreement with the food packaging company Tetra Pak.

Juhayna established a joint company (Argo Food Industries), thanks to a partnership agreement with the European company, Arla Foods, which specializes in dairy products.[2]

Juhayna also signed a cooperation protocol with online payment processing platform Fawry with annual investments of £E15 million.[3]

The company participated in the third session of the Africa Food Processing Fair, and it also participated in the International Food Services Exhibition (Anuga), in Cologne, Germany.[4][5]

In 2010, Juhayna was exposed to a fire that destroyed much of its factory in Sixth of October City, but the company quickly recuperated the losses and regained its large foothold in the Egyptian market.[6]

Community service

The company sought to roof 600 homes in Upper Egypt in the village of Shandwil, Sohag.[7]

Affiliates
  • The Egyptian Company for Dairy Products
  • Modern International Company for Food Industries
  • The Egyptian Company for Food Industries (EGFood)
  • Al-Marwa Company for Food Industries and Modern Concentrates
  • Good Company for Trade and Distribution

References
  1. "الشركات التابعة | جهينه". Archived from the original on October 27, 2016.
  2. "جهينة توقّع مع "أرلا" الأوروبية عقد إنشاء شركة برأسمال 200 مليون جنيه". اليوم السابع. July 7, 2015. Archived from the original on December 16, 2019.
  3. "Dairy maker Juhayna signs $1.7mn-deal with Fawry on e-payment services". June 22, 2016.
  4. "Juhayna Participates in "Food Africa 2019" Exhibition to Support Egypt's Exports". December 14, 2019.
  5. "Exhibitor index". www.anuga.com.
  6. "Juhayna to be compensated LE93.7 million for factory fire - Economy - Business". Ahram Online.
  7. "شركة مقيدة بالبورصة تسعى لـ تسقيف 600 منزل في صعيد مصر". بوابة الأهرام. Archived from the original on August 24, 2016.
This article is issued from Wikipedia. The text is licensed under Creative Commons - Attribution - Sharealike. Additional terms may apply for the media files.