Record white wine Posip harvest for Testament Winery
Zhoda Investments' portfolio company Testament Winery, an organic wine producer located on the Dalmatian cost of Croatia, has successfully completed a record harvest of the Posip grape used to produce white wines.
This first white wine variety part of the harvest has now been completed resulting in approximately 22,000 liters of Posip wine from Testament Winery located on the coast outside the city of Sibenik. This is a significant increase from last year's production of 6,000 liters. Favorable weather conditions and strong vineyard management by the winemaker Juraj Sladic has allowed for the increased harvest while still maintaining the premium quality of the organic grapes.
In addition to the fresh white wine produced last year, Testament Winery will this year also make a traditional method skin-contact white wine fermenting on the grapes' natural yeasts.
"We have had a fantastic white wine Posip harvest this year. We are really looking forward to taking this premium wine to the market next year. The Posip wine is a true Dalmatian favorite", says Robert Karlsson, CEO of Zhoda Investments.
Testament Winery's organic vineyard covering 47 hectares is located on slopes overlooking the Adriatic Sea and contains 250,000 vines with the local Dalmatian grapes Babic, Posip, Plavac Mali and Crljenak (the original Zinfandel). The harvested Posip grape makes up less than 10 per cent of the total vines. The red wine harvest is underway and soon to be completed.
Zhoda Investments will be publishing updates on the red grape harvest in Sibenik as well on the operational development in the Smokvica winery on the island of Korcula.
Testament wines available in Sweden
As a service to Zhoda Investments' shareholders a limited number of bottles are available at Systembolaget ("beställningssortiment"). They quickly sold out during the summer but are now back and ready to be ordered.
Testament Babic Nr 73669 - red wine
Testament Posip Nr 74023 - white wine
Testament in digital media
Learn more about Testament Winery and its organic wines on Facebook and Instagram.
Visit our website www.testament-winery.com to read more about Dalmatia's two thousand year old wine history and the Testament wines.
Visit Testament Winery in Dalmatia
Testament Winery is located on a hill sloping down towards the Adriatic Sea outside the city of Sibenik, approximately 50 kilometers up along the coast from Split. Testament's winemaker Juraj Sladic is looking forward to presenting the vineyard and the wines to our shareholders.
Photos from the Posip harvest
Attached to this press release are photos from the manually harvested Posip grapes.
Stockholm, 19 October 2018
About Zhoda Investments
Zhoda Investments invests in selected unlisted European ventures and drives growth and profitability through active ownership and an entrepreneurial approach. Zhoda owns an organic winery in Dalmatia with a 47-hectare state of the art vineyard mainly producing red wine from the local Babic grape. Zhoda is also the owner of a winery on the Dalmatian island of Korcula that produces white premium wines from the indigenous Posip grape. The group also holds a 45 per cent interest in the Lelyaki oil field in Ukraine with 2P proven and probable oil reserves of 8 million barrels net to the company. Zhoda Investments is actively pursuing new investments. For more information, visit www.zhodainvestments.com.
This is an English translation of the Swedish original. In case of discrepancies, the Swedish original shall prevail.
Inför dagens årsstämma lämnar Zhoda Investments ("Zhoda") en operativ uppdatering. Efter coronautbrottet tidigare i år vidtog bolaget snabbt åtgärder för att anpassa verksamheten till de nya marknadsförutsättningarna. Lägre oljepriser och reserestriktioner har påverkat olje- och vinverksamheternas omsättning och resultat men öppnar också för nya affärsmöjligheter.
Ahead of today's Annual General Meeting, Zhoda Investments ("Zhoda") announces an operational update. Following the outbreak of Covid 19 earlier this year, Zhoda took swift measures to adapt the operations to the new market conditions. Lower oil prices and travel restrictions have affected sales and profits in both the oil and wine operations, but have also opened up new business opportunities.
Zhoda Investments helägda dotterbolag Black Island Winery har i hård konkurrens vunnit en upphandling av viner på druvan babic. Vinerna kommer att finnas i ordinarie segment på hyllan i 115 butiker från och med 1 december i år.
Zhoda Investments' wholly owned subsidiary Black Island Winery has won a tender of wines made from the grape babic at Systembolaget, the Swedish retail monopoly. The wine will be available in 115 stores starting 1 December this year.
Zhoda Investments ("Zhoda") publicerar idag årsredovisningen för 2019.
Zhoda Investments ("Zhoda") publishes its annual report for 2019.
Aktieägarna i Zhoda Investments AB (publ), organisationsnummer 559030-3490 (nedan "Bolaget") kallas till årsstämma den 29 juni 2020 kl. 15.00 på Grev Turegatan 18 (Alpcot), 2 tr i Stockholm.
The shareholders of Zhoda Investments AB (publ), corporate identity number 559030-3490 (hereinafter the "Company") are hereby given notice to attend the Annual General Meeting to be held at 15.00 CET on 29 June 2020, at Grev Turegatan 18 (Alpcot), 2nd floor, in Stockholm.
Zhoda Investments ("Zhoda") lämnar en operativ uppdatering avseende vinverksamheten belägen i kustregionen Dalmatien i Kroatien. Under år 2019 nådde bolaget flera viktiga milstolpar med väsentligt ökad försäljning, framgångsrik skörd och lansering av varumärket Merga Victa från vingården på ön Korcula.
Zhoda Investments ("Zhoda") announces an operational update on the wine operations located in the coastal region of Dalmatia in Croatia. The company reached several important milestones in 2019, including significantly increased sales, a successful harvest and launch of the Merga VIcta brand from the second winery on the island of Korcula.
Zhoda Investments ("Zhoda") lämnar en operativ och finansiell uppdatering avseende oljeverksamheten i Poltava Ukraina. Under årets första tio månader har Zhodas 45 procentiga andel av fältets produktion uppgått till 71 400 fat olja, motsvarande 234 fat per dag. Under samma period har moderbolaget erhållit utdelningar om drygt 8 miljoner kronor från oljeverksamheten.
Zhoda Investments ("Zhoda") announces an operational and financial update on the oil operations near Poltava, Ukraine. During the first 10 months of the year, Zhoda's 45 per cent interest in the field production amounted to 71,400 barrels, equivalent to 234 barrels per day. During the same period, the parent company has received dividends from the oil operations amounting to over SEK 8 million.
Vid extra bolagsstämma i Zhoda Investments AB fattade aktieägarna beslut att utse WeAudit Sweden AB, med huvudansvarig revisor Mikael Köver, till ny revisor intill slutet av årsstämman 2020. Arvode ska utgå enligt godkänd räkning.
The shareholders of Zhoda Investments AB passed a resolution at the EGM today to elect the authorized auditing firm WeAudit Sweden AB, with responsible auditor Mikael Köver, until the annual general meeting 2020. The auditors will be paid in accordance with approved invoices.
Aktieägarna i Zhoda Investments AB (publ), organisationsnummer 559030-3490 (nedan "Bolaget") kallas till extra bolagsstämma den 2 december 2019 kl. 13.00 på Grev Turegatan 18, 2 tr i Stockholm. Den påskrivande revisorn har meddelat Bolaget att han på grund av sjukskrivning inte kan fullfölja uppdraget varför Bolaget kallar till stämma för att utse ny revisor.
The shareholders of Zhoda Investments AB (publ), corporate identity number 559030-3490 (hereinafter the "Company") are hereby given notice to attend the Extraordinary General Meeting to be held at 13.00 CET on 2 December 2019 at Grev Turegatan 18, second floor, in Stockholm. The current auditor has informed the Company that he is unable to fulfill his duties for health reasons and the Company therefore gives notice to a general meeting to appoint a new auditor.
Vid årsstämma i Zhoda Investments AB fattade aktieägarna i huvudsak följande beslut.
The shareholders of Zhoda Investments AB passed the following main resolutions at the Annual General Meeting.
Zhoda Investments AB
Bransch: Olja och gas
Marknadsplats: beQuoted inofficiella