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KEO Ltd is a public limited company formed in 1927 with its shares quoted and trading in the Cyprus Stock Exchange. Its market capitalisation exceeds US$60 million and it has over 5,500 shareholders. It is a member of the Hellenic Mining Group whose varied interests I mining, cement production, consumer goods and banking make it the largest industrial group in Cyprus, KEO markets a wide variety of wine, spirits and liqueurs as well as KEO Beer and St. Nicholas mineral water, locally an din over thirty countries worldwide. The KEO Brewery was the first to be built in Cyprus. Production of KEO Beer -a Pilsner type Lager Beer- started early in 1951. The original brewery has a small production capacity of about 300,000 gallons annually. In order to meet the ever-increasing demand, the company has carried out substantial extensions to the plant and the equipment now used being the most up-to-date machinery in the brewing industry. The brewery is presently capable of producing over 30,000 hectolitres of beer monthly. Te KEO winery in Limassol is a modern establishment with a storing capacity of about 45 millions litres. In addition KEO operates three more wineries (at Pera Pedi, Mallia and Arsos) situated in the Krasochoria region of the Troodos mountain range. Those ar Pera Pedi and Mallia are among the first wineries built on the island. These wineries are close to vineyards where research is carried out in an effort to increase the varieties of grapes, selecting those which will yield the best quality of wine when grown under the local climate. The LAONA boutique winery, established in 1986 near Arsos village, has been taken on the family of KEO wineries in 1993. Situated in the heart of the Troodos vineyards at an altitude of 1,000 metres the LAONA winery region uses noble grape varieties, producing a range of wines carrying exclusively the name of this vinegrowing region, famous for cultivating Cyprus indigenous grape varieties. Experimenting with new varieties and cultivation methods has proved essential to wine-making. A great deal of resources and funds have been invested into rediscovering Cyprus indigenous varieties, many of which date back to the classical times, a period when the Cyprus wines reflected the island's heritage in wine making. The continuous development and progress achieved by KEO is the result of a long term and steady growth carefully planned to meet the demands of a constantly changing environment. The organisation's technology investment spectrum is wide, with the latest major addition being a CYŁ 2 million mineral water plant of a 4,000 bottles per hour capacity. Set near the village of Kakopetria, in the heart of Troodos mountains, the Mineral Water plant has been designed and built o the highest European standards at the St. Nicholas source. The remarkable purity of the St. Nicholas water is owed to the location of the source far from residential or polluted areas and to the bottling procedure of the water in environmentally friendly P.E.T bottles produced on site prior to filling. Two more organisations come under the KEO umbrella. 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. The two companies cultivated their own citrus plantations in addition to absorbing a great amount of fruit produced Cyprus-wide. |
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