Psagot Winery יקב פסגות בע"מ

Head office: Psagot Winery D.N. Mizrach Binyamin, Psagot 9062400, Occupied Palestinian Territory. Tel.: +9722-9979333 www.psagotwines.com



A private Israeli winery based in the occupied West Bank.

The winery is headquartered in the Sha’ar Binyamin settlement industrial zone, and operates vineyards in several settlements in the  occupied West Bank.

The winery was established in 2003 by Yaakov Berg. It produces over 750,000 wine bottles with 70% of its wines exported to different countries. In addition, the winery participates annually  in international wine competitions and has received international medals and prizes.

In 2020, the winery relocated from Psagot to  Sha’ar Binyamin settlement Industrial Zone in the settlement of Mateh Binyamin in the occupied West Bank. The new winery location includes a wine producing factory and a cellar and a visiting center.  In 2012, When the Migron outpost in the West Bank  was evacuated, the settlers were relocated to the hill where Psagot winery is located and the Israeli government pledged to finance the relocation of the winery, estimated at 25 million NIS.

The winery has selling points in the settlements of Ma’ale Adumim, Ariel, Modi’in Illit, Giva’at Ze’ev, Mitzpeh Navo, Psagot and Gush Etzion.

The winery has several vineyards in the settlements of Psagot, Kida, Har Bracha, Gush Ezion and Alon Moreh.

In 2019, the winery started, with the assistance of the Ministry of Economy and Industry, to export and market its wines in China.

In 2018 and 2017, the winery provided services to the Israeli Coordinator of Government Activities in the Territories (COGAT), the unit in the Israeli Ministry of Defense that enforces the civilian aspects of Israel’s military occupation.

In 2016, The winery received financial support from the Ministry of Economy and Industry.



Ownership

Major Shareholders include: Wine Inc Psagot (61.8%), Yaakov Berg (24%) and Sour Group Investors LLC (6.4%).

CEO: Yaakov Berg


Subsidiaries

The winery established a company called Blessings from Israel to market gift sets from factories in the occupied West Bank and the occupied Syrian Golan as well as in towns within the Green Line. An Israeli media outlet reported that over two million USD were invested in the creation of a website and a logistical center in the US.


Partners

Company products are sold on the website of Kosher Wine and Royal Wine.

In 2022, the Winery hosted an evening for the US Israel Education Association organization.

In 2018, World Finance, a London based Magazine, chose Psagot Winery as Israel’s top wine producer.

All the information contained in this page is valid until Thu 07/07/2022