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4-Traders Homepage  >  Equities  >  SANTIAGO STOCK EXCHANGE  >  Vina Concha y Toro SA    CHT   CLP9796J1008

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Vina Concha y Toro S.A. : Sofofa distinguishes Concha y Toro as the outstanding company of 2011

11/03/2011 | 12:50pm US/Eastern

Thursday, November 3, 2011. During the Annual Industry Dinner 2011, an event organized by the Sociedad de Fomento Fabril, Sofofa (a Chilean manufacturers' association), the solid history of Viña Concha y Toro was again recognized by being chosen as the Outstanding Company of 2011.

The distinction underlines the company's history of internationalization, its business model that has contributed decisively in the development of the Chilean wine industry, and its support for job creation through its production and commercial operations throughout the country.

The Sofofa annual dinner is the country's most important meeting of businessmen. Presided over by the Chilean president, Sebastián Piñera, and the director of Sofofa, Andrés Concha, it is attended by the most senior governmental, political and ministerial authorities.

Before an audience of 1,300 businessmen, the president presented the prize to the winery's chairman Alfonso Larraín Santa María.

"Our origins as a company are rooted in Chile and from here we have taken giant steps that have enabled us today to be the first Chilean global brand. This why this prize distinguishes all that history and also commits us to continue advancing toward an increasingly greater international coverage, key today for all companies that aspire to project themselves over time and position Chile in a privileged place in the world context," said Alfonso Larraín.

Exporter vocation

Created in 1883, Viña Concha y Toro is a global company, exporting quality and internationally-acclaimed wines to over 135 countries.

With more than 9,500 hectares of vineyards, it is the 2nd largest own-estate winery in the world.

Concha y Toro has recently shown its leadership in the industry by being recognized as the most admired wine brand in the world, according to a ranking of the British magazine Drinks International.

Its human team consists of 3,500 people and it has production subsidiaries in Chile, Argentina and the United States, and distribution subsidiaries in Brazil, England, the Nordic countries, United States and Asia.

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