Crama Ceptura, part of Purcari Wineries PLC, invests in a modern warehouse to

support regional growth

Bucharest, 12th of August 2022

Purcari Wineries PLC ("Purcari Wineries", "the Group"), one of the largest wine and brandy producers in the CEE Region, prompted by the increasing demand of its export markets, continues to invest in the improvement of its logistic operations. Hence, Purcari Wineries is glad to announce that Crama Ceptura, one of the Group's five production platforms, has completed its investments into a modern warehouse.

Purcari Wineries delivers its products to over 40 countries around the world, Crama Ceptura being the exclusive importer and distributor of the Group's wine and brandy in Romania and an export hub to the European countries.

To support the sales growth trends in Romania and Europe, Crama Ceptura invested into a modern warehouse, thus streamlining the logistics flow, and reducing the time required for the Group's wines to move from the production lines to the store shelves and the consumer's tables.

The new warehouse is located in Ceptura de Jos, Prahova County, and its usable area of over 1,100 square meters offers a storage capacity of approximately 1,000,000 bottles.

The storage facility operates as a fiscal warehouse and generated 10 new employment positions.

"The growth in demand for our products and the trend of delivery-window shrinkage, has prompted us to invest into a modernized warehouse within the premises of Crama Ceptura. The investment is a way to ensure seamless operations within our distribution process and will mitigate any possible supply chain disruptions. The new warehouse is a step towards a more developed and efficient operational procedure." - Victor Bostan, CEO of Purcari Wineries PLC

About Purcari Wineries PLC

Purcari Wineries Public Company Limited (with its brands: Purcari, Crama Ceptura, Bostavan, Bardar and Domeniile Cuza) is one of the largest wine and brandy groups in the Central and Eastern European (CEE) Region. The Group manages around 1,350 hectares of vineyards and operates six production platforms in Romania and Moldova. Purcari Wineries is the leader in the Premium wine segment in Romania with a 30% segment share and the largest wine exporter from Moldova, delivering to over 40 countries. Founded in 1827, Chateau Purcari is the most awarded winery of the CEE Region at Decanter London 2015-2021, as well as among the best ranked wineries on Vivino, with an average score of 4.1 out of 5.0, based on over 70,000

reviews. Since February 2018, the Group is listed on the Bucharest Stock Exchange under the ticker WINE. Purcari Wineries is led by Victor Bostan, a veteran with more than 30 years of experience in the wine business and is endorsed by top institutional investors such as: Conseq, East Capital, Franklin Templeton, Fiera Capital, Horizon Capital and Norges Bank.

Enquiries

investor.relations@purcari.wine

Disclaimer

This document may contain certain forward-looking statements which are based on estimations and forecasts. By their nature, these forward-looking statements are subject to important risks and uncertainties and factors beyond our control or ability to predict. These forward-looking statements should not be considered as a guarantee of future performance, the actual results could differ materially from those expressed or implied by them. The forward-looking statements only reflect Group's views as of the date of this document, and the Group does not undertake to revise or update these forward-looking statements. The forward-looking statements should be used with caution and circumspection and in no event can the Group and its management be held responsible for any investment or other decision based upon such statements. The information in this document does not constitute an offer to sell or an invitation to buy shares in the Group or an invitation or inducement to engage in any other investment activities.

Attachments

  • Original Link
  • Original Document
  • Permalink

Disclaimer

Purcari Wineries pcl published this content on 12 August 2022 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 12 August 2022 10:44:01 UTC.