Two gold medals to Testament's winemakers at the world's largest wine competition
"The Decanter Awards show that the Dalmatian wines are steadily growing in world recognition. It is extremely satisfying for Zhoda that the two Dalmatian gold medal wines were produced by two wine makers that now make Testament wines. We are very fortunate to have Juraj and Igor onboard to continually raise the standards of our wines to become Dalmatia's finest. We are looking forward to medals being awarded to the Testament wines in future competitions. I recommend our shareholders and wine lovers to order the limited number of bottles of Testament Babic and Testament Posip now available at Systembolaget", says Robert Karlsson, CEO of Zhoda Investments.
Decanter Awards and two Dalmatian gold medals
More than 270 of the world's top wine experts gathered in London earlier in May to start judging the 2018 Decanter World Wine Awards. Close to 17,000 wines were judged with ten Croatian wines winning gold medals, two of them from Dalmatia.
Korlat Syrah 2014 is a red wine produced at Benkovac Winery within Badel 1862. It received a gold medal. Juraj Sladic, wine maker and head of Testament's operations in Sibenik, was previously winemaker at Benkovac Winery with a 180-hectare vineyard and a production of over 500,000 bottles per year.
Nerica 2016 Posip is a white wine from the Dalmatian island of Korcula. It received the second of the Dalmatian gold medals in this year's Decanter Awards. Igor Radovanovic, wine maker and head of Testament's operations in Smokvica, is Dalmatia's leading maker of Posip wines and also the enologist behind this award-winner. This is the first gold medal not only for the island of Korcula and a Posip wine, but also for a white indigenous variety.
Zhoda Investments recently acquired the Smokvica winery on Korcula to make elegant and fresh white wines from the Posip grape. It was discovered by chance by a farmer on the island almost 150 years ago, and has since then become the most popular white grape in Dalmatia.
The wineries in Dalmatia owned by Zhoda Investments market their organic wines under the Testament brand. A Testament to the rich wine growing past - combining Dalmatia's two thousand year old winemaking tradition with the most talented new generation winemakers.
How to order Testament organic wines created by the award winning winemakers
- Visit your local Systembolaget or go to their website www.systembolaget.se. Do a search for Testament or enter the article number found below
- Order delivery to any Systembolaget store. In certain geographic areas such as Stockholm, Gothenburg, Skåne, Uppsala and Västerbotten, you can order the wine to be delivered to your home
Article number for Testament
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. Search for testamentwinery.
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. Our winemaker Juraj Sladic is looking forward to presenting the vineyard and the wines to our shareholders.
This is an English translation of the Swedish original. In case of discrepancies, the Swedish original shall prevail.
Stockholm, 12 July 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 producing red wine from the local Babic grape. Zhoda has also acquired 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. The company's shares are traded on Pareto Securities OTC. For more information, visit www.zhodainvestments.com.
Zhoda Investments ("Zhoda") lämnar en operativ uppdatering avseende vinverksamheten i Testament Winery som producerar främst röda premiumviner på den dalmatinska kusten. Under 2018 tog bolaget flera stora steg mot visionen att bli Dalmatiens ledande producent av premiumviner. Bolaget lanserade det nya varumärket Testament, implementerade en ny säljstrategi och nådde en rekordskörd med en produktion på över tre hundra tusen flaskor ekologiska viner på lokala druvor.
Zhoda Investments ("Zhoda") announces an operational update on the wine operations in Testament Winery, a producer of primarily red premium wine on the coast of Dalmatia. During 2018 the company took several steps towards achieving the vision of becoming Dalmatia's leading producer of premium wines. The company launched the Testament brand, implemented a new sales strategy and reached a record harvest with a production of over 300,000 bottles of organic wines made from indigenous grapes.
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 81 000 fat olja. Denna olja har genom den nya säljkanalen sålts mot förskottsbetalning. Detta har möjliggjort för oljefältsoperatören att nå två prioriterade finansiella målsättningar för 2018, det vill säga att reglera historiska rörelseskulder och återuppta utbetalning av utdelningar till Zhoda.
Operational and financial update from the oil operations 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 81,000 barrels. This oil has been sold against prepayment through the newly established sales channel. This has enabled the oil field operator to reach two prioritized objectives for 2018, that is settlement of historical operational debt and resumed dividend payments to Zhoda.
Tidigare i våras stärkte Zhoda Investments sin position på den kroatiska vinmarknaden genom ett kompletteringsförvärv för vita premiumviner på den dalmatinska ön Korcula. Bolaget har sedan dess tagit stora steg under en relativt kort tid och kan därför framställa cirka 40 000 flaskor av vin från druvan posip från årets skörd.
In spring this year, Zhoda Investments strengthened its position on the Croatian wine market by making an add-on acquisition for premium white wine on the Dalmatian island of Korcula. The company has made significant progress in a short period of time and has started producing approximately 40,000 bottles of Posip wine from the 2018 harvest.
Zhoda Investments portföljbolag Testament Winery, en producent av ekologiska viner på Dalmatiens kust i Kroatien, har framgångsrikt slutfört en rekordskörd av vitvinsdruvan posip.
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.
BQ Broker startar handel i Zhoda Investments aktie B.
Zhoda Investments har slutit avtal med beQuoted om handel i bolagets B-aktie på OTC-listan. Första dag för handel blir den 3 september 2018.
Zhoda Investments has entered into an agreement with beQuoted regarding trade in the company's B share on the OTC list. First day of trade will be 3 September 2018.
Vinerna Testament Babic och Testament Posip från Zhoda Investments vingård i Dalmatien finns nu tillgängliga för bolagets aktieägare och den svenska marknaden via Systembolagets beställningssortiment. Vinerna säljs i över 100 restauranger i Kroatien och nu kan även den svenska marknaden ta del av dessa ekologiska viner framställda av Dalmatiens ledande vinmakare.
The Testament Babic and Testament Posip wines from Zhoda Investments' winery in Dalmatia are now available for the company's shareholders and the Swedish market through Systembolaget. Over 100 restaurants in Croatia sell these wines made by Dalmatia's leading winemakers and they have now been made available to the Swedish market.
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 ("Zhoda") har framgångsrikt slutfört en nyemission med företrädesrätt för befintliga aktieägare. Nyemissionen som övertecknades med 18% tillför bolaget 20,9 miljoner kronor före emissionskostnader. Medlen ska främst användas för att utveckla Zhodas ekologiska vinverksamhet mot visionen att bli Dalmatiens ledande producent av kvalitetsviner med 1 miljon flaskor per år.
Zhoda Investments ("Zhoda") has successfully completed an issue of shares with preferential rights for shareholders. The issue was oversubscribed by 18 per cent and raised SEK 20.9 million before issue costs. The funds will primarily be used to develop Zhoda's organic wine operations towards the vision of becoming Dalmatia's leading winery with 1 million bottles of premium wine per year.