Bodega in Tenerife to Extend Economic Activities for Nine Additional Months While Seeking Solution

The Tenerife Island Council has granted Bodegas Insulares de Tenerife (BITSA) a nine-month extension to continue its economic activities in the Tacoronte-Acentejo region while working towards resolving its contractual situation after it expired in December.

This occurred on December 31, 2023, preventing Bodegas de Tenerife from legally extending its stay at the Cabildo facilities.

A news outlet reported on Thursday that the Corporation, in a decision on December 29, approved not to extend the period for the use of the facility in Tacoronte by the mixed company Bodegas Insulares, in which the Council holds a 45% stake.

Tenerife’s Counselor of the Primary Sector, Manuel Férnandez, stated in Friday’s plenary session that efforts are underway to provide a legal and social response in accordance with the Treaties of the Functioning of the European Union, which has raised the requirement for a fee for Bodegas to continue its service.

Moreover, the counselor has announced a nine-month period to ensure continuity in economic activities, which will be used to outline a roadmap for the current situation.

In this process, Fernández has assured the involvement of all political groups of the island institution, urging them to demonstrate a “broad vision” in supporting the wine sector and the region’s producers.

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