ALDI Group bought 600 tons of Cretan olive oil from Sitia

The Agricultural Union of Sitia seems to have signed a strategic partnership with German trade chain Aldi.

According to, this cooperation is the beginning of a series of agreements that are expected in the near future, as a result of the agreements of the consortium with private enterprise GAEA (Gaia).

Both companies have agreed for the establishment of a joint company, providing a 20-year collaboration with the Agricultural Union of Sitia owning 33% of the new company and GAEA owning the remaining 77%.

GAEA will also manage the brand name “Sitia” of exported products in all the continents of the world, except Africa.

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