Viñedos y Bodegas
Juni 2008
News Source: La Región
Section: Ecoagro
Date: 7/06/08
Patentan a primeira levadura de albariño en Galicia A cotitularidade da investigación é compartida por Adegas Terras Gauda (51%) e polo CSIC (49%) Redacción: M.C. A adega de O Rosal convirtese así na única adega galega que dispón dunha levadura propia patentada. A cepa, seleccionada entre a súa propia colección de levaduras tras catro anos de investigación, permitirá mantener estable a calidade e aroma do viño en todas as suas añadas, independentemento do clima e a colleita. A investigación demostrou mediante probas de fermentación en laboratorio e adega, catas cegas e análise instrumental de aromas, que a levadura seleccionada reforzo extraordinariamente o carácter varietal e os aromas frutais dos viños desta adega. Calidade Ademáis garante a calidade controlando de xeito natural todos os compoñentes do proceso e equilibrando, e incluso reforzando, as características sensoriais do albariño. Os experimentos teñense levado a cabo no Instituto de Fermentaciones Industriales de Madrid e a Misión Biológica de Galicia, baixo a dirección dos investigadores do CSIC Alfonso V. Carrascosa y Carmen Martínez; e na adega experimental de Terras Gauda baixo a supervisión de Emilio Rodríguez, o seu director técnico. Na investigación tamén colaboraron a Xunta de Galicia. |
Adegas Terras Gauda disporá da primeira cepa de levadura enolóxica de Galicia patentada, aislada e seleccionada entre catro tipos diferentes do propio viñedo tras unha investigación de catro anos na que se demostrou que reforza o carácter dos seus viños e os aromas frutais. A cotitularidade da patente é compartida por Adegas Terras Gauda (51%) e polo CSIC (49%) |
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Vendimia do 2008
A adega utilizará a grande escala a levadura ecotípica para a vendimia corresponde o presente exercicio. Xa durante a colleita de 2007 foi probada con resultados positivos, que corroboraron as investigación previas, xa que a levadura seleccionada logrou unha fermentación regular e progresiva, fundamental para conseguir os aromas básicos dos albariños, que se logran no proceso de fermentación.
A investigación permitirá a Terras Gauda manter a singularidad e unha mellora continua da calidade dos seus viños sin depender de factores externos.
A obtención da patente é unha mostra más da decidida aposta de Adegas Terras Gauda pola combinación I+D+i e un novo paso na colaboración entre o Consello Superior de Investigacións Científicas e a adega, xa iniciada con un proxecto anterior de selección clonal de uva albariño.
Bodegas Terras Gauda has patented, isolated and selected Galicia's first strain of wine yeast from four different types from the winery's own vineyards, after four years of research that has shown how the yeast strengthens the character and fruity aromas of the wines. Ownership of the patent is shared between the winery (51%) and the CSIC (49%).
Galicia's first albariño yeast patented
Ownership of the patent is shared between the winery (51%) and the CSIC (49%)
Newsroom
The Spanish Senior Scientific Research Council (CSIC) and Bodegas Terras Gauda have just patented the first albariño-grape yeast, which will allow the winery to maintain the uniqueness and quality of its wines without depending on external factors. This is the first wine yeast to be patented in Galicia, obtained alter a four-year research Project. The patent is jointly owned by Bodegas Terras Gauda (51%) and the CSIC (49%).
The O Rosal–based winery is the first in Galicia to have its own patented yeast. The strain, which has been selected from the firm's own collection of yeasts after four years of research, will allow the quality and aroma of the wine to be kept constant from year to year, regardless of the weather or harvesting conditions.
Studies have shown with laboratory and full-scale fermentation tests, blind tasting and instrumental aroma analysis that the yeast selected greatly strengthens the fruity aroma and character of the grape variety used for this winery's wines.
Quality
Quality is also assured, by controlling all the components in he process naturally, and balancing and even strengthening the sensorial characteristics of albariño-based wine. The experiments were carried out at the CSIC's Industrial Fermentation Institute in Madrid and the Galicia Biology Mission, under the supervision of Alfonso V. Carrascosa and Carmen Martínez, as well as at Terras Gauda's own experimental winery, under the supervision of the Emilio Rodríguez, the firm's technical director. The research project was also supported by the Galician Regional Government.
2008 harvest
The winery plans to use the ecotypic yeast on a large scale for this year's harvest. Trials were done with the 2007 harvest with positive results, corroborating the previous research, which showed that the yeast selected assured regular, steady fermentation, which is essential in order to achieve the basic aromas of albariño-based wines during the fermentation process.
This research will allow Terras Gauda to maintain the uniqueness of its wines and continue to improve their quality, without having to depend on external factors.
Obtaining this patent is a further demonstration of Bodegas Terras Gauda's firm commitment to RDI and marks a new stage in the winery's partnership with the CSIC, following an earlier research project into the selection of albariño clones.
News Source: Expansión
Section: Galicia
Date: 2/06/08
PIONEERING INITIATIVE IN GALICIA
Terras Gauda patent Albariño yeast
A joint project at the company's vineyards by the winery (51%) and the Spanish Research Council (51%)
FÉLIX GARCíA. FERNÁNDEZ. A Coruña.
Bodegas Terras Gauda, the Galician winery set up in 1989, and the Spanish Senior research Council (CSIC) have launched the first patent on a yeast isolated at the firm's vineyards. The patent is shared by the winery (51%) and the Council (49%).
After four years' research and an initial investment of 65,000 euros, Emilio Rodríguez Canas, the winery's technical director, said, “This is the first ever patent on Albariño yeast, which will increase the prestige and quality of our wines.”
Rodríguez Canas explained that the winery “isn't going to sell this patent as other wineries do, but rather use it for our own wines. Our aim by isolating this yeast from our vines is to homogenise our wines year after year and so be less affected by changing weather conditions each year, because in Galicia the weather varies considerable from one vintage to the next.”.
The importance of this yeast is that “wine-making is based on fermentation, and yeast is a key factor in that process. This will make our aromas more regular so that our customers can identify our wines more easily.”
Rodríguez Canas explained that the preparation of this yeast “involves an extra cost that is barely perceptible in our production costs, so it won't have any impact on the price of the bottles in the shops.”
Pioneering patent
This is the first such patent in the Designation of Origin area. The project has cost 65,000 euros
The project aims to improve the quality of the wines and strengthen the brand image
This yeast cancels out the changes in weather from one year to the next that so typically affect Galician vineyards
Good results
With this patent, the first of its kind not only in the Rias Baixas Designation of Origin area but also in the whole of Galicia, Terras Gauda hope to “improve our brand image. We haven't done this research to increase our sales but to enhance our quality. Although obviously increasing value is good for sales too,” the technical director of Terras Gauda said. The winery dedicates 1% of its annual profits to research and development. The objective of this research is to achieve a clone of the Albariño grape.
Bodegas Terras Gauda's turnover grew last year by 17.25% to reach 9 million euros, a 17.25% increase on the previous year, with a 12.16% increase in profits, which stood at 1.01 million euros. In 2007 Terras Gauda's exports grew by 18%, strengthening the winery's position in the United States, the Netherlands and the UK, while joining new monopolies in Canada.
“A major jump in quality”
Emilio Rodríguez Canas stressed the importance of this patent for the firm's wine-making processes. “You should bear in mind that this isolated yeast is the best of the four different varieties found in our vineyards, he explained. “Until now, we would make a must to use for the beginning of the fermentation process when the grapes arrive at the winery. Now, this process will be replaced by the new yeast”, Terras Gauda's technical director said. According to the trials carried out before the new yeast was introduced into the wine-making process, it not only homogenises the structure of the wines but also contributes towards strengthening their aromas, helping to “accentuate their uniqueness,” Rodríguez Canas claimed.
May 2008
News Source: Faro de Vigo
Section: Economía (Finance)
Date: 31/05/08
First patent isolated from a winery's own vineyards
Terras Gauda and the CSIC complete 4 years' work to maintain the quality and aroma of the firm's wines
Newsroom / Vigo
Bodegas Terras Gauda and the Spanish Senior Scientific Research Council (CSIC) have patented the first Albariño grape yeast to allow the winery to maintain the quality of its wines year after year, regardless of differences in weather and harvesting conditions. The O Rosal–based winery is the only one in Galicia to have its own yeast patent, selected from four different yeasts found in its vineyards, as the result of a four-year research project. Ownership of the patent is shared by Bodegas Terras Gauda (51%) and the CSIC (49%).
Studies have shown with laboratory and full-scale fermentation tests, blind tasting and instrumental aroma analysis that the yeast selected greatly strengthens the character of the grape variety used for this winery's wines.
The winery have explained that the patent on this yeast from their own vineyards is a major step forward because it guarantees quality by controlling all the components in the process in a natural way, balancing and even strengthening the sensorial characteristics of the winery's albariño-based wines.
The research was done at the company's experimental winery under the direction of Emilio Rodríguez, the winery's technical director, and at the CSIC's Galicia Biology Mission and Industrial Fermentation Institute, supervised by the scientists Carmen Martínez and Alfonso V. Carrascosa, and with support from the Galician Regional Government.
News Source: ABC
Section: Galicia
Date: 30/05/08
Terras Gauda and the CSIC patent the first Albariño yeast
The winery will have Galicia's first wine strain, isolated and selected from four different types from their own vineyards
SANTIAGO. Bodegas Terras Gauda and the Spanish Senior Scientific Research Council (CSIC) have patented the first Albariño grape yeast, which will allow the winery to maintain the quality of its wines year after year, regardless of differences in weather and harvesting conditions. The O Rosal–based winery is the only one in Galicia to have its own yeast patent, selected from four different yeasts found in its vineyards, as the result of a four-year research project. Ownership of the patent is shared between the winery (51%) and the CSIC (49%).
Studies with laboratory and full-scale fermentation tests, blind tasting and instrumental aroma analysis have shown that the yeast selected greatly strengthens the character of the grape variety used for Terras Gauda's wines.
The winery will use the ecotypic yeast on a large scale for the 2008 harvest. It was tested at full scale in 2007 with positive results corroborating the previous research, with the yeast selected being found to ferment regularly and steadily – essential in order to achieve the basic aromas of albariño-based wines, which are obtained in the fermentation process.
The patent on this yeast from their own vineyards is a major step forward because it guarantees quality by controlling all the components in the process in a natural way, and has been shown to balance and even strengthen the sensorial characteristics of the winery's albariño-based wines.
The research, which will allow the uniqueness and ongoing improvement of the quality of the firm's wines without depending on external factors, was done at the company's experimental winery under the direction of Emilio Rodríguez, the winery's technical director, and at the CSIC's Galicia Biology Mission and Industrial Fermentation Institute, supervised by the scientists Carmen Martínez and Alfonso V. Carrascosa, and with support from the Galician Regional Government.
Terras Gauda has made a firm commitment to RDI since it was set up in 1989. The patent on the firm's own ecotypic yeast is a continuation of the research project into clones of the albariño grape, also developed in partnership with the CSIC, in which the O Rosal-based winery was a pioneer.
News Source: La Voz de Galicia
Section:Sociedad (Society)
Date: 30/05/08
The CSIC and Terras Gauda patent the first albariño grape yeast
Bodegas Terras Gauda and the Spanish Senior Scientific Research Council (CSIC) have patented the first albariño grape yeast to allow the winery to maintain the quality of its wines year after year, regardless of differences in weather and harvesting conditions. The yeast was selected from four types at the winery's vineyards, after four years of research.
The studies carried out have shown that the yeast strengthens the character of the grape variety and fruity aromas of Terras Gauda's wines in a way that is quite “extraordinary”. The winery has announced that it will use the ecotypic yeast on a large scale for the 2008 harvest. It was tested last year with positive results corroborating the previous research, with the yeast selected being found to ferment regularly and steadily, which is “essential in order to achieve the basic aromas of albariño-based wines, which are obtained in the fermentation process”.
The research, which Terras Gauda say will “allow the uniqueness and ongoing improvement of the quality of the wines without depending on external factors”, was done at the company's experimental winery under the direction of Emilio Rodríguez, the winery's technical director, and at the CSIC's Galicia Biology Mission and Industrial Fermentation Institute, supervised by the scientists Carmen Martínez and Alfonso V. Carrascosa.
News Source: In Europ@ Online
Country: Italy
Date: 19/05/08
economy
The spanish winery Terras Gauda increased their wine marketing by 23.6%
Terras Gauda wineries increased their business figures by 17.25%, reaching 9 million euros during the last fiscal year. An 18% increase in exports strengthened their position in the U.S.A. as they began to participate in new monopolies in Canada
The Spanish winery Terras Gauda increased the marketing of their wines by 23.6% in 2007, during which time they attained business figures of around 9 million euros, 17.25% more than during the previous fiscal year, with an increase of 12.16% in gross profits, which reached 1.01 million euros.
Terras Gauda wineries, whose products are present in over 30 international markets in America, Europe and Asia, increased their exports by 18% over the last fiscal year. During this time, they also signed new global distribution agreements for Canada, entering into the SAQ and LCBO monopolies. They also strengthened their position in the U.S.A., having reached a distribution agreement with the company A.V. Brands, a member of the Spanish Codorniu group.
The Spanish company marketed over 1.4 million bottles of Terras Gauda, Terras Gauda black label and Abadía de san campio Albariño wines, experiencing significant increases in markets in Holland (53%) and the United Kingdom (42%).
Terras Gauda wineries, which own more than 160 hectares of vineyards in the O Rosal valley (Galicia), continue to have a firm commitment to R+D+I in order to promote the quality and unique character of their wines.
Terras Gauda wineries diversified their business line over the last fiscal year through the acquisition of 75% of A Rosaleira, the oldest vegetable canning company in Galicia, founded in 1940, which markets high-quality traditional products. The winery´s goal is to expand its range of products and position the A Rosaleira brand in delicatessen shops and gourmet sections of large retail outlets, while maintaining and strengthening its traditional product philosophy.
The group's overall billing, which includes © wineries, Pittacum wineries and A Rosaleira, reached 10.12 million euros in 2007, with a staff of 80 professionals and gross profits of 1.165 million euros.
Pittacum wineries, which have formed part of Terras Gauda since 2002, also experienced significant growth on both domestic and international markets, with their Pittacum barrica, and Pittacum Aurea Mencia wines and Tres Obispos rosé wines now being sold in over 20 foreign countries.
News Source: La Voz de Galicia
Section: mercados | Empresas (Markets | Business
Date: 18/05/08
Terras Gauda wins new markets
Last year Bodegas Terras Gauda reported billings of 9 million euros, an increase in turnover of 17.25%, while exports grew by 18% following a strengthening of the firm´s position in the United States and also opening up the Canadian market.
With billings of over 10 million dollars, the successful winery is combining its international growth with a significant increase in Spanish markets, with increases of 35% along the northern coast, 32% in Catalonia and 15% in Madrid. One of the companies strategies was to diversify its business areas by acquiring 75% of A Rosaleira, the oldest vegetable-canning firm in Galicia, founded in 1940. The objective was to increase the product range and position the A Rosaleira bran in delicatessens and gourmet sections of large retail outlets, maintaining and strengthening the traditional-product philosophy.
Bodegas Pittacum, which has belonged to Terras Gauda since 2002, also experienced major growth both in Spain and abroad. Present in over 20 countries with its white wines Mencía Pittacum Barrica and Pittacum Aurea and the rosé Tres Obispos, it made a significant contribution to the group's success, which has also entered into a distribution agreement with AV Brands (a member of the Cordorniù group) as well as maintaining a commitment to invest in RDI.
News Source: Empresa y Finanzas
Section: Empresas (Business)
Date: 16/05/08
Terras Gauda´s sales up nearly 24%
The Spanish winery Terras Gauda increased its sales by 23.6% in 2007, reporting a turnover of 9 million euros – 17.25% more than the previous year – with profits up by 12.16% to stand at 1.01 million euros.
The firm, which is present in over 30 international markets, reported an 18% increase in exports over the previous year, following the signing new global distribution agreements for Canada. The firm also strengthened its position in the United States, thanks to a distribution agreement with A.V. Brands, a member of the Spanish Codorniu group.
The international growth of the winery, which continues to be firmly committed to RDI, was combined with similar success on domestic markets, with a 35% increase in sales on the Northern Spanish coast, 32% on the Costa Blanca, 30% in Catalonia and 15% in Madrid.
The winery diversified its business last year by acquiring 75% of A Rosaleira, Galicia's oldest vegetable-canning firm, which sells high-quality traditional products. The objective is to position the brand in delicatessens and gourmet sections of large retail outlets.
News Source: Spain Business
Country: Japan
Date: 8/05/08
News Source: El Economista
Section: Empresa y Finanzas(Business and Money)
Date: 8/05/08
Terras Gauda gets giddy on 1.4 million bottles of "albariño" wine
The winery´s international business soars to reach 30 new markets
S.Riveiro
SANTIAGO. Winning over the palates of half the world with a wine is a challenge that vary few wineries are capable of meeting. But this is exactly what Terras Gauda, based in O Rosal, Pontevedra, achieved in 2007, when they sold 1.4 million bottles of albariño-based wine to be uncorked in 30 international markets. Sales shot up by 23.6 per cent thanks to large increases both in Spain and abroad. Thanks to enhanced character and quality as a result of RDI applied to wine issues, this wine is now a benchmark product in countries such as the United States.
Thanks to this progress, Terras Gauda increased its turnover by 17.25 per cent to total 9 million euros for the year. This is a very good result, obtained from 80 employees tending 160 hectares of vineyards. After deducting expenditure, the winery´s profits hit one million euros for the first time, having grown by over 12 per cent. The success story was similar on the domestic market, with sales increasing by 35 per cent on the Northern Spanish coast, 32 per cent on the Costa Blanca, 30 per cent in Catalonia and 15 per cent in Madrid.
Exports, meanwhile, increased by 18 per cent. The signing of global distribution agreements for Canada, entering into he SAQ and LCBO monopolies went hand in hand with a strengthening of the firm´s position in the United States, following an agreement reached with A.V. Brands, which belongs to the Codorniu group. The conquest of North America was matched by equivalent sales increases in Europe. In the Netherlands, for instance, sales were up 53 per cent, and 42 per cent in the UK.
In addition to its albariño-based wines, branded as Terras Gauda, Terras Gauda Etiqueta Negra and Abadía de San Campío, the winery diversified considerable last year. The firm´s subsidiary Bodegas Pittacum positioned its mencía-based wines and the rosé Tres Obispos on over 20 international markets. But the success story doesn´t end there. Last year the group, which is chaired by José María Fonseca, acquired 75 per cent of the longest-established vegetable cannery in the Galicia region, A Rosaleira, which was founded in 1940 and sells top-quality traditionally made products. The idea is to relaunch the brand and position it in gourmet shops and sections. All this business together resulted in of a turnover of 10.12 million euros, with profits of 1.165 million euros.
News Source: RosarioNet
Pays: Argentina
Date: 8/05/08
THE SPANISH WINERY TERRAS GAUDA GROWS BY 23.6%
07/05/2008 - Bodegas TERRAS GAUDA increased its turnover by 17.25%, reaching 9 million euros last year, with exports growing by 18% thanks to a reinforced position in the United States and joining new monopolies in Canada.
WINE SALES IN 2007 WITH MAJOR INTERNATIONAL GROWTH
Bodegas TERRAS GAUDA increased its turnover by 17.25%, reaching 9 million euros last year, with exports growing by 18% thanks to a reinforced position in the United States and joining new monopolies in Canada.
The Spanish winery TERRAS GAUDA increased its sales by 23.6% in 2007, reporting a turnover of 9 million euros — 17.25% more than the previous year — with profits up by 12.16% to stand at 1.01 million euros.
Bodegas TERRAS GAUDA, which is present in over 30 international markets in the Americas, Europe and Asia, reported an 18% increase in exports over the previous year, following new global distribution agreements for Canada to enter the SAQ and LCBO monopolies. The firm also strengthened its position in the United States, thanks to a distribution agreement with A.V. Brands, a member of the Spanish Codorniu group.
The Spanish winery sold over 1.4 million bottles of the albariño-based wines TERRAS GAUDA, TERRAS GAUDA Etiqueta Negra and ABADÍA DE SAN CAMPIO, with particularly striking growth in the Netherlands (53%) and UK (42%).
Bodegas TERRAS GAUDA, which cultivates over 160 hectares of its own vineyards in the O Rosal valley (Galicia), continues with its serious commitment to RDI to enhance the character and quality of its wines.
Bodegas TERRAS GAUDA diversified its business last year by acquiring 75% of A ROSALEIRA, Galicia's oldest vegetable-canning firm, founded in 1940, which sells high-quality traditional products. The winery´s goal is to extend A ROSALEIRA´s product range and position the brand in delicatessens an gourmet sections in large stores, while maintaining and strengthening the traditional-product philosophy.
The total turnover of the group, which is made up of Bodegas TERRAS GAUDA, Bodegas PITTACUM and A ROSALEIRA, was 10.12 million euros in 2007, achieved by a team of 80 employees. Total profits were 1.165 million euros.
Bodegas PITTACUM, acquired by TERRAS GAUDA in 2002, also reported major growth both in Spain and abroad, where it is now present in over 20 countries with its mencía-based wines Mencía PITTACUM Barrica, PITTACUM Aurea and the rosé TRES OBISPOS.
News Source: ABC
Section: Galicia
Date: 7/05/08
Terras Gauda´s sales up 23.6% last year
SANTIAGO. The Spanish winery TERRAS GAUDA increased its sales by 23.6% in 2007, reporting a turnover of 9 million euros — 17.25% more than the previous year — with profits up by 12.16% to stand at 1.01 million euros.
The firm, which is present in over 30 international markets, reported an 18% increase in exports over the previous year, following new global distribution agreements for Canada to enter the SAQ and LCBO monopolies. The firm also strengthened its position in the United States, thanks to a distribution agreement with A.V. Brands, a member of the Spanish Codorniu group.
The O Rosal–based winery sold over 1.4 million bottles of the albariño-based wines Terras Gauda, Terras Gauda Etiqueta Negra and Abadía de San Campio, with particularly striking growth in the Netherlands (53%) and UK (42%). The international growth of the winery, which continues to be firmly committed to RDI to enhance the character and quality of its wines, was matched by similar success on domestic markets, with a 35% increase in sales on the Northern Spanish coast, 32% on the Costa Blanca, 30% in Catalonia and 15% in Madrid.
A Rosaleira
The winery diversified its business last year by acquiring 75% of A Rosaleira, Galicia's oldest vegetable-canning firm, founded in 1940, which sells high-quality traditional products. The O Rosal–based winery´s goal is to extend A Rosaleira´s product range and position the brand in delicatessens and gourmet sections in large stores, while maintaining and strengthening the traditional-product philosophy.
The total turnover of the group, which is made up of Bodegas Terras Gauda, Bodegas Pittacum and A Rosaleira, was 10.12 million euros in 2007, achieved by a team of 80 employees. Total profits were 1.165 million euros.
News Source: El Country
Section: Galicia
Date: 7/05/08
Wines
Terras Gauda´s turnover hits €10 M
In 2007 Bodegas Terras Gauda turned over 10 million euros, having sold 1.4 million bottles of its albariño-based wines (Terras Gauda and Abadía de San Campio) and Bierzo wines (Pittacum), as well as canned fruit and vegetables (A Rosaleira). The O Rosal–based firm increased its sales by 17%, with a 12% increase in profits to stand at 1.1 million euros. Terras Gauda is the second-largest wine group in the Galicia Region, behind the Cambados-based cooperative Martín Códax.
News Source: Expansión
Section: Galicia
Date: 7/05/08
ALL FIGURES UP BY OVER 10%
Terras Gauda keeps growing despite a difficult year for wine
The Rías Baixas winery penetrates Canada and renews its distribution agreement with A.V. Brands (a Codorniú group company) for the US market.
A.C. Vigo
Terras Gauda has had a difficult year. Yet even so it has grown with two-figure growth in percentage turns in all the key results. Turnover, profits and sales of its wines –Terras Gauda, Terras Gauda Etiqueta Negra, Abadía de San Campío, the mencía-based Pittacum (Barrica and Aurea) and the rosé Tres Obispos– were all up. Sales increased by 23.6% compared with 2006, with the winery, based in O Rosal (Pontevedra) selling 1.4 million bottles.
The winery´s chairman, José María Fonseca, recognised with satisfaction that the results are good despite the difficult period that the sector is currently going through. «A number of negative factors are being recorded, such as competition abroad from emerging countries, a significant drop in wine consumption over the last ten years, and ill-considered legislative initiatives, which fail to defend wine as being what it is: healthy and healthful. All these factors make life difficult for us, although it is also true that the consumption of quality wines is son the increase», the winery owner said.
Quality is one of the key characteristics not only of Terras Gauda but also of Pittacum. With this visiting card, together with the uniqueness of its wines, which are faithful to very specific areas and grape varieties, new roads have been opened up for international markets such as Canada. Terras Gauda has managed to enter in two new Canadian provinces. «It´s a market with considerable buying power where quality is appreciated», Fonseca said, explaining that the only way it can distribute its products north of the US border is by joining State-owned monopolies which select wines in accordance with such criteria as quality and price. In the United States the firm strengthened its position by renewing and improving its distribution agreement with AV Brands. The winery already had a contract with the distribution firm before it was acquired by Codorniú. When the Catalan group took control the outlook for the Galician winery improved «because it is interested in pushing quality wines», because it is interested in pushing quality wines.
Last year exports accounted for 15% of the firm´s turnover. The most spectacular growth was in the Netherlands (53%) and the UK (42%). Meanwhile, the Spanish market continues to respond extremely well, with considerable growth reported along the North coast, on the Costa Blanca, and in Catalonia and Madrid.
A few months ago Terras Gauda, whose shareholders are Sodiga (the Galician regional Government´s risk-capital fund), CXG Corporación Caixa Galicia, Concepción Fernández Puentes and José María Fonseca himself, bought 75% of the vegetable-canning firm A Rosaleira. The aim is to extend the cannery's product range and make its distribution more profitable.
April 2008
News Source: Revista Semana
Date: 30/04/08
