Sunday 24 June 2012

News from Jerez 23.6.12

Department of Employment approval appears to be imminent for the agreement between the workforce and the administrators of Bodegas Valdivia to terminate 10 out of 12 employment contracts. According to sources  who know, this is a likely prelude to liquidation, a fate also faced by Garvey's 2 main bodegas: Complejo Bodeguero Bellavista and Zoilo Ruiz Mateos, bought from Nueva Rumasa by Back in Business. The workforce have reluctantly agreed mainly because they have faith that Valdivia will be bought by another firm. Three are said to be interested, including an american multinational who would retain the workers.

Moving on. According to the latest report from Rutas del Vino de Espana (Spanish touristic wine routes) which covers 2011, the Jerez area is the most visited with a total of 480,767 visitors. The Rutas del Vino comprise 21 routes and 546 bodegas, and are to be thoroughly recommended.

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