Information regarding media comments.
In response to media inquiries, Purcari Wineries PCL (“Purcari”, “Group”), the CEE’s leading wine producer,
confirms that a judicial investigation
initiated by the Economic Crime Investigation Service District 4 Bucharest, is currently underway, in which
Ecosmart Union SA (“Ecosmart”), part of the Purcari Group, is involved, as the injured party and plaintiff.
We welcome the initiation of the investigation, and we collaborate actively and transparently with the competent authorities, to make
all the necessary documentation available, for the proper conduct of the investigation. Purcari does not hold any other
details related to the course of the investigation, as these can only be provided by the General Directorate of
the Romanian Police, after the completion of the investigation.
At the beginning of 2021, following the identification of possible abuses committed by the administrator
of Ecosmart at that time, Ecosmart’s shareholders, including us, submitted a detailed report of
the suspected wrongdoings to the relevant authorities.
Ecosmart Union SA is part of the Purcari Group starting from September 15, 2021, and the current investigation
addresses Ecosmart’s activity from the period before the takeover of the majority stake.
We want to reassure our investors, customers, and other stakeholders of our good collaboration with the authorities,
as we seek to treat the case with utmost transparency.
