Daily Archives: August 6, 2016

  • Plagues & pests in Spain & Italy are opening markets for Greek olive oil

    Greece’s economy may be pressed on all sides by austerity measures, capital controls, and political forces within and without. But as the October start of the olive harvest approaches, some of the country’s entrepreneurs see a rare opportunity to take market share from Spain and Italy, the world’s No. 1 and No. 2 producers of olive oil.

    Lousy weather, a mysterious tree disease, and a fruit fly that feasts on olives have decimated groves in Italy. Nearly a tenth of the 10 million trees in Puglia are infected with a disease that has been dubbed “olive ebola” (some scientists believe it is the bacterium called Xylella fastidiosa), which slowly kills the trees. As a result, Italy’s olive oil producers are bracing for another bad season, on the heels of a 34 percent decline in output in 2014-15, to 302,000 metric tons, according to data from the Madrid-based International Olive Council (IOC). Production in Spain fell by more than half, to 825,700 tons, in the most recent season, and will likely remain depressed due to a prolonged drought.

    Greece saw its output more than double in the previous season, to 300,000 tons, and the local industry is hopeful it will be close to that in the coming season. Thanks to this combination of factors, Greek olive oil is more competitive than ever, at least on a price basis. According to a June report from the council, wholesale prices for extra-virgin categories from Italy and Spain have surged 114 percent and 84 percent this year, respectively, to €5.66 ($6.25) per kilo and €3.59 per kilo. In contrast, prices for Greek oil have climbed just 24 percent, to €3.09 per kilo.

    The price advantage is helping small and midsize producers who make up most of Greece’s olive oil industry find new markets. The IOC reports Greek exports from the most recent harvest to the U.S., now the world’s top importer of olive oil, rose 28 percent from October 2014 through June of this year, while exports from Spain and Italy both dropped more than 50 percent.

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    Greece’s economy may be pressed on all sides by austerity measures, capital controls, and political forces within and without. But as the October start of the olive harvest approaches, some of the country’s entrepreneurs see a rare opportunity to take market share from Spain... 
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  • IOC Executive Secretariat is seeking a young university graduate

    The IOC Executive Secretariat is seeking a young university graduate for a three-month, paid traineeship beginning on 1 October 2016 in the field of event planning and events communication. This will be an opportunity to work in a multi-cultural, multi-lingual and multi-ethnic environment and to put into practice what you have learned during your studies and to participate in the organisation of an International Olive Day.

    As an intergovernmental commodity organisation and international forum for the olive oil and table olive producing nations, the International Olive Council (IOC) carries out numerous activities to promote olive products.

    The profile and tasks of the potential trainee are described below:

    Profile and prerequisites

    CANDIDATES MUST:

    Be a citizen of one of the 16 Members of the IOC (Albania, Algeria, Argentina, Egypt, European Union, Iran, Iraq, Israel, Jordan, Lebanon, Libya, Montenegro, Morocco, Tunisia, Turkey, Uruguay)
    Have a university Bachelor degree in meeting and event planning, institutional communication or marketing
    Have a perfect command of English
    Have a knowledge of at least one of the other four IOC languages (Arabic, French, Italian and Spanish)
    Have an excellent command of multimedia computer tools, a good understanding of content management and social networks and a solid web culture
    Display organisational, summary and writing skills and a flair for PR
    Be in good health

    IT WILL BE CONSIDERED AN ASSET:

    To have some initial work experience (with a event planning, PR or marketing agency)
    Knowledge of Spanish

    Tasks
    The chief tasks of the trainee, who will report to the Head of the Promotion Unit, will be:
    To assist the Executive Secretariat with the organisation and holding of World Olive Day
    To show initiative and be proactive

    Duration of traineeship
    Three months (non-renewable). The scheduled starting date is 1 October 2016.

    Deadline for applications
    5 September 2016 at 14.30 hours (Madrid time) (deadline for the receipt of dossiers by post or e-mail).
    A formal cover letter must be submitted together with the completed application form and supporting documents.
    Reference document
    Rules governing the official traineeship scheme of the International Olive Council (available on the IOC website)

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    The IOC Executive Secretariat is seeking a young university graduate for a three-month, paid traineeship beginning on 1 October 2016 in the field of event planning and events communication. This will be an opportunity to work in a multi-cultural, multi-lingual and multi-ethnic... 
    Read More →