Vina Concha y Toro on Chilean earthquake

Published: 02 March, 2010

Statement from Vina Concha y Toro on the Chilean earthquake:

"The central area of Chile is the most affected in terms of the damage caused. The resultant destruction and the magnitude of the losses of these two incidents have meant that this is one of the worst earthquakes in modern world history. As a result of this, the Chilean government has implemented a state of emergency for the areas of Maule and Bio-Bio. The area with the largest impact is the heartland of wine production.

"Our company, as well as the rest of the industry, have been heavily impacted by this catastrophe. With the information to which we have access at this moment, there are fortunately no personal tragedies amongst our employees and their families.

"However we have already been able to assess serious damage to some of our main wineries which are located in the worst affected areas. This includes important loss in wine and production capacity. A more detailed assessment of the exact magnitude of these damages is currently being completed.

"Faced with this event of force majeure, Vina Concha y Toro has had to temporarily suspend all of its logistic and production operations for at least one week. All our efforts are dedicated with regard to assessing the scope of this unprecedented event and resuming normal operations as soon as possible.

"We are sincerely grateful to all our customers and friends for their messages of solidarity and concern. We trust to have your understanding for the challenges that this event will cause in terms of future operations and we are certain that with your support and with the human capacity and strength of Concha y Toro we will overcome these difficult circumstances."

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