Neviot reports NIS 11m lost income
The Neviot mineral water company says the contamination crisis cost it NIS 9 million to NIS 11 million in lost income.
The Neviot mineral water company says the contamination crisis cost it NIS 9 million to NIS 11 million in lost income. Its rival company, Mayanot Eden, had said a few hours earlier that its lost revenues from the contamination of its spring had cost it NIS 22 million to NIS 25 million in lost income.
Both companies' production was halted last month when contamination was detected in the springs where they draw the water they bottle.
Both companies resumed production after tests consistently showed the problem was gone. While the Health Ministry has allowed pumping to resume, Neviot notes that it has stepped up its inspection and testing systems at the ministry's direction.
Return to routine production will be gradual, Neviot adds.
At this stage, says Neviot, it cannot predict how the troubles will affect future sales.