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by Tracy Rucinski & Rodrigo de Miguel, Spain’s SOS Cuetara (SOS.MC), the world’s biggest olive oil bottler, said on Thursday it had fired its two top executives after discovering last month they had used company funds to buy SOS shares. “SOS Group’s board, which met today, has fired Jesus and Jaime Salazar Bello as chairman […]

Italian investors are keen to invest in olive oil production in Pakistan, said Italian Ambassador Vincenzo Prati while addressing the National Conference on “Olive oil Production in Pakistan: result and way forward” at Pir Mehr Ali Shah Arid Agriculture University Rawalpindi (PMAS-AAUR) on Wednesday. He said there was a dire need to establish interaction between […]

Portuguese researchers have identified a vital component of olive oil that gives greatest protection from heart attack and stroke. Lead researcher Fatima Paiva-Martins from University of Porto has discovered an antioxidant called DHPEA-EDA that protects red blood cells from damage more than any other part of olive oil. “These findings provide the scientific basis for […]

Food group SOS Cuetara has agreed to sell its olive oil brand Dante and the other brands of its Minerva Oli unit to Italian sector player Mataluni for some EUR34m (USD45.6m). The transaction, scheduled for completion in July, is in line with SOS Cuetara’s disinvestment programme. Dante has annual sales of some 10 million litres […]

The 3rd edition of the largest Greek festival dedicated to olive oil and olives will take place in the Peace and Friendship Stadium in Piraeus near Athens between April 10 and 12. The Olive Oil and Olives Festival serves as both a meeting point for those involved in the whole production process, as well as […]