Daily Archives: August 29, 2013

  • One of the eldest Olive Tree in the world, but the biggest for sure

    It is located in the village of Vuves, of Kolimpari municipality in Chania, Crete.

    With a circumference of 12.5 meters, 3.64 meters in diameter and a surface area of ​​11.45 m2, it’s consider the biggest Olive tree in the world.

    It is aged 2500 – 5000 years old. The importance of this Olive tree was highlighted in 1922 by the municipality member Mr. Polychronis Polichronidis and this Olive tree was declared a natural monument No. ap.105497/6459/1986 (656/TV/1986).

    The olive tree is in the backyard of the house of Karapatakis family and is a monument visited by hundreds of tourists every year.

    The age of the Olive tree can not be 100% determined, because the radioactive method can’t be applied, due to absence of inside wood material (kardioxilo). The absence of the inside wood material, consider as a result of the old age of the tree.

    The age of this Olive tree, can be approximately determined by the perimeter of the trunk. There is no other recorded tree with such girth so can the olive is to be declared as the eldest (?) of our planet and the biggest for sure.

    In the region have been discovered two cemeteries dated back to 700 B.C. suggestive of ancient cities, which were related to this Olive tree. There are also other ancient olive trees that reveal the existence of an ancient Olive grove.

    This Olive tree is up today luxuriant and fruitful.

    This specific Olive tree, was associated with the Olympic Games of Athens in 2004.
    The winner of the Marathon was crowned with a wreath (Kotinos) made of this Olive tree.

    The Kolimpari municipality suggested the embassy of China the winner of the Marathon of the 2008 Olympic Games to be crowned by a wreath from this Olive tree.

    Source all about olive oil blog

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    It is located in the village of Vuves, of Kolimpari municipality in Chania, Crete. With a circumference of 12.5 meters, 3.64 meters in diameter and a surface area of ​​11.45 m2, it’s consider the biggest Olive tree in the world. It is aged 2500 – 5000 years old.... 
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  • After a Recession in Portugal, the Tiny Green Fruits of Success

    Portugal is finding that increasing exports is the way to pull its economy out of a recession.

    For 127 years, Herdade de Manantiz has been producing olive oil, mostly for the domestic market. But having suffered through recession like thousands of other traditional businesses, it has started overhauling its operations and searching for customers outside Portugal.

    Previously, Manantiz had relied on rare rainfall to water its 30,000 olive trees, planted across 529 acres of parched land in one of southern Europe’s driest regions.

    In February, Manantiz installed its first irrigation system, an investment of 197,000 euros, or $263,000, that is meant to help quadruple production. In May, the company completed its first overseas sale — to a Brazilian retailer that bought 504 bottles of oil. It is pursuing buyers in Sweden and Japan for its oil made from galega olives, which are unique to Portugal.

    Over all, after falling about 9 percent in 2008 at the onset of the financial crisis, Portugal’s olive oil exports have more than doubled since, according to data from Casa do Azeite, an industry body. Last year alone, olive oil exports rose 20 percent.

    Mariana Matos, secretary general of Casa do Azeite, estimated that Portugal had added about 20,000 hectares of olive trees over the past five years, in part because of investors from countries like Spain, Italy and Switzerland.

    Manuel Costa Reis, an economist at Present Value Consulting in Lisbon, which advises Portuguese banks and other corporations on asset valuations, said that Portugal’s export competitiveness was “without a doubt a very surprising and positive outcome of this crisis.”
    “Portugal had been one of the losers in the globalization process because most of our industries were competing directly with the emerging markets,” he said.

    He said that the economic crisis had forced companies to start producing higher-quality products that can be marketed at a higher price. Manantiz is a good example of that. Its initial shipment of olive oil to Brazil sold at 60 reais, or nearly $26, a bottle, four times what is sells for in Portugal.

    Portuguese exports rose 6.2 percent in the second quarter from the comparable period in 2012, according to data this month from Portugal’s national statistics institute.

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    Portugal is finding that increasing exports is the way to pull its economy out of a recession. For 127 years, Herdade de Manantiz has been producing olive oil, mostly for the domestic market. But having suffered through recession like thousands of other traditional businesses,... 
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