Daily Archives: April 16, 2016

  • Eliris Extraordinary Organic EVOO is a Gold Award Winner at NYIIOOC

    Eliris extraordinary organic olive oil is crafted by Iris & Sam at Efthimiadi Estate in northern Greece. A rare, single-estate signature field-blend of many Greek varieties, produces a truly stunning medium style of olive oil with a complex character.
    gold-medal-nyiooc
    Eliris, the extraordinary taste of Greece
    In an area of astonishing natural beauty, nestling in the foothills of the Menikio mountains in Northern Greece, there thrives an olive grove of noble provenance. Home to a rare collection of legendary Greek olive varieties, the grove has been painstakingly rejuvenated by a daughter and her English fiancee, in honour of her father’s dream.

    In this idyllic, tranquil setting, olives are tended with reverence using time-honoured, organic methods. Fresh olives are harvested by hand and quickly cold extracted to produce Eliris, a high-phenol, signature field-blend of unrivalled quality, aroma and flavour.

    Eliris is one of the finest, most distinctive organic olive oils in the world. Fresh estate olive oil is like nothing else, a rare joy to be savoured. If you are holding a bottle of Eliris, you are one of the very few to discover and experience a truly rare delicacy – beyond delicious.

    Iris & Sam warmly welcome you to learn more about what makes Eliris extraordinary and would be delighted to hear how Eliris has brought joy to and influenced your culinary adventure.
    Efthimiadi Estate is managed 'with meraki' by Iris & Sam
    Award page

    Producer’s website

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    Eliris extraordinary organic olive oil is crafted by Iris & Sam at Efthimiadi Estate in northern Greece. A rare, single-estate signature field-blend of many Greek varieties, produces a truly stunning medium style of olive oil with a complex character.Eliris, the extraordinary... 
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  • The winners of the New York International Olive Oil Competition 2016

    The winners of the New York International Olive Oil Competition were announced at a New York press conference broadcast live on April 14, 2016.

    Over 200 media and food industry professionals attended the sold-out press event, which included a tasting of many of the winning oils.

    More than 820 brands from 26 countries participated in the competition, making it by far the largest of its kind. Italy took home the most awards with 109, followed by Spain with 78. United States won 50 awards. 17 olive oil brands were awarded the Best in Class distinction.2016 New York International Olive Oil Competition

    Curtis Cord, president of the New York International Olive Oil Competition (NYIOOC), announced the best olive oils in the world for 2016 at a press conference packed with over 200 olive oil producers retailers, distributors, chefs and journalists from around the world in New York City this evening.

    The crowded audience was abuzz with anticipation, nerves and excitement. One producer said she was nearly in tears. “My boss told me not to come home unless I win,” she said. Viewers from around the world, who watched the live-streamed broadcast online, joined the New York crowd, waiting for the results.

    Despite the many challenges, 314 producers took home awards, an overall success rate of 38 percent. Italy won 109 awards, overtaking last year’s top winner, Spain, who racked up 78 wins, a strong second. The United States came in third place with 50.

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    The winners of the New York International Olive Oil Competition were announced at a New York press conference broadcast live on April 14, 2016. Over 200 media and food industry professionals attended the sold-out press event, which included a tasting of many of the winning oils. More... 
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  • Deoleo told lenders that profit from olive oil sales will rebound this year

    Deoleo SA, the maker of Bertolli olive oil, told lenders that earnings will rebound this year, delaying the need for new capital, according to two people familiar with the matter.

    Earnings before interest, tax, depreciation and amortization is forecast to rise to about 60 million euros ($68 million) this year from 35.6 million euros in 2015, parent CVC Capital Partners said at a meeting on Thursday, according to the people, who asked not to be identified because the event was private. CVC owns slightly more than 50 percent of Madrid-listed Deoleo.

    The company expects lower costs this year because better harvests have slashed prices for olive oil in Spain and Italy. Prices surged to the highest in at least five years in 2015, according to data compiled by Bloomberg, as bad weather and blight damaged crops.

    A spokesman for CVC declined to the comment on the earnings forecast. A spokeswoman for Deoleo, employed by Report Comunicacion, also declined to comment.

    Deoleo raised 600 million euros of loans to fund its acquisition by CVC in 2014. The loans are quoted at about 75 cents on the euro following the meeting, up from about 68 cents on the euro last week, the people said.

    The company’s shares have fallen more than 45 percent in the past year, cutting its market value to about 260 million euros.

    source

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    Deoleo SA, the maker of Bertolli olive oil, told lenders that earnings will rebound this year, delaying the need for new capital, according to two people familiar with the matter. Earnings before interest, tax, depreciation and amortization is forecast to rise to about 60 million... 
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