The decision is in line with the objectives of the ESG (environmental, social, and governance) agenda regarding the commitment for sustainability.
“The Solar Panel System covers an area of 1,025 m2 and allows to produce 240.000 kWh of energy per year. The newly installed system will supply 15% of the Purcari winery’s electricity consumption, which brings the Group closer to its ambition of a more sustainable and CO2 neutral production”, the report reads.
Purcari Group will continue to increase its investments in sustainability and follows the objective of attaining the coverage of up to 80% of its energy demand from photovoltaic power stations.
“We remain committed to achieving the long-term goal of environmental sustainability in our activity, and the investment in a Solar Panel System is a certain sign of our allegiance in doing so. Purcari Wineries Group is still at the beginning of its sustainability journey; however, we are keen on minimizing our environmental footprint, taking each challenge as an opportunity to do more for the world in which we live” stated Eugen Comendant, COO of 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.
The company has a market value of almost RON370 million and is nearly 20% held by Amboselt Universal Inc, with the remaining shares being distributed among other shareholders, in line with stock market data.