KEO (company)
Beverages | |
Revenue | €62,969,439 (2004) |
---|---|
Number of employees | 420 |
Subsidiaries | Etien Wines Spirits & Tobacco Ltd KEO (UK) Ltd Sun Island Canning Ltd ΚΕΟ Distilling Ltd |
Website | http://www.keogroup.com/ |
KEO plc, the Greek abbreviation for Cyprus Wine Company (Greek: Κυπριακή Εταιρία Οίνων), is a European beverage company based on the island of Cyprus. It was formed in 1927 and it represents one of the largest industrial employers on the island with more than 90 brands in its portfolio. Its shares are traded on the Cyprus Stock Exchange.[1][2]
History
KEO
Divisions
KEO operates six trading divisions that include:
- Beer
- Wines
- Spirits
- Water
- Juices & Soft drinks
- Canned Food
Its portfolio comprises both local and international brands.
Wine Production
KEO operates four different wineries across four different vineyards – situated at an altitude of approximately 1,000 meters above sea level.
- Krasochoria region of the Troodos Mountains range vineyards
- Malia vineyards (mainly planted with Cabernet Sauvignon, Cabernet Franc, Lefkada, Chardonnay and Riesling)
- Pera Pedi vineyards
- Arsos LAONA vineyards
Its wineries are among the first to be built on the island. All four wineries are in close proximity to the vineyards where research is carried out in an effort to increase and safeguard the varieties of grapes, selecting those that will yield the best quality of wine when grown under the local climate. KEO has historically experimented with varieties and cultivation methods whilst it has invested a great deal of resources into rediscovering Cyprus indigenous grape varieties of Mavro and Xynisteri, many of which date back to the classical times, a period when the Cypriot wine reflected the island’s heritage.[7]
KEO beer
Production of KEO Beer -a
Juice Production
SWS and Sun Island are among the island’s leading fruit juice producers. Their range of products and activities extends from fruit juices to canned fruit and vegetable. Similar with KEO wineries, the two companies cultivate their own citrus plantations in addition to absorbing a great amount of local fruits produced.
Sponsorship
In 2016,
Controversy
In 2010 the appearance of KEO beer in an American pornographic film sparked strong reactions by the largest shareholders (20%), the Orthodox Church of Cyprus.[13]
References
- ^ KEO Company
- ^ KEO PLC (CR)
- ^ "KEO PLC - Cyprus Limited Company - CyprusRegistry.com". cyprusregistry.com. Retrieved 2019-04-15.
- ^ Bloomberg: Hellenic Mining Company Limited
- ^ KEO Profile
- ^ MarketScreener. "KEO PLC : Shareholders Board Members Managers and Company Profile | CY0001300413 | MarketScreener". www.marketscreener.com. Retrieved 2022-10-02.
- ^ KEO – Vines & Wines
- ^ Difford's Guide: Keo Group
- ^ Keo Beer – Cypriot Lager
- ^ IN Business Awards 2015
- ^ IN Business Awards 2015: The Winners
- ^ Cyprus National Football Team
- ^ Church-backed beer in porn sparks fury