Purcari Wineries Group
Purcari Wineries Group is a leading player in the wine and brandy segments in the Central and Eastern Europe (CEE) region. The Group manages circa 1,450 hectares of vineyards and operates five production platforms in Romania, Moldova and Bulgaria, four of which are dedicated to wine production using grapes from own vineyards and from third-party suppliers and one dedicated to brandy production.
In December 2021, the Group had over 700 employees in its four production platforms.
The Group is the leader in the premium wine segment in Romania, with a circa 30% segment share, and the largest wine exporter from Moldova, delivering to over 40 countries in Europe (Poland, Czech Republic, Slovakia, Ukraine, Scandinavian countries, UK, etc.), in Asia (China, Japan, South Korea) and in America (Canada and USA).
Founded in 1827, Purcari is the most awarded winery from the CEE region at Decanter London 2015-2021 and among the highest ranked on Vivino, with an average score of 4.1 based on over 70,000 reviews.
The Group has 6 wine brand-platforms with products in a wide range of price segments, both in the still and sparkling wine categories (Purcari, Crama Ceptura, Bostavan, Domeniile Cuza and Angel’s Estate), as well as a brand in the popular premium brandy segment (Bardar).
The Group is listed on the Bucharest Stock Exchange (“BVB”) since 2018 under ticker WINE.
The Company continues to be backed by reputable legacy investors, including Horizon Capital (23%) and IFC (3%).
Blue chip global investors backed the company at IPO, including Fiera Capital and Franklin Templeton.
Purcari scored 10 out of 10 points in the VEKTOR rating, indicating excellent communication with its individual and institutional investors. The company complied with the 15 criteria included in VEKTOR’s methodology, the analysis and evaluation being carried out by ARIR and the Project Committee, consisting of corporate governance consultants, IR professionals, academia as well as non-financial reporting consultants.
Purcari Wineries Public Company Limited is a public company incorporated and organized under the laws of The Republic of Cyprus, registered with number HE 201949. The corporate seat of the Company is in 1 Lampousas Street 1095 Nicosia, Cyprus. The Company operates in accordance with Cypriot law, the Memorandum of Association and the Articles of Association.