WINE
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2026, a Bumper Year for Romania Grape Harvest
2026 is a very good year for Romania grape harvest and winemakers are expecting a significant output, though the market is coping with declining consumption.
Purcari Group Posts 4% Growth In Revenue To RON262M In Jan-Sep 2024
Winemaker Purcari (WINE) posted RON262 million revenue in the first nine months of 2024, an increase of 4% year-on-year, while the net profit went down 1% to RON43.3 million, the group said...
Alexandrion Group Wants to Enter Top-5 Largest Winemakers in 2024
Alexandrion group, the largest local spirits producer and one of the biggest players on the wine market, has carried out a new rebranding for the winemaker of Gura Vadului, which is now name...
Purcari Wineries Acquires Timbrus Purcari Estate
Winemaker Purcari (WINE.RO), whose shares are included in the BET, has signed an agreement to acquire 100% in Timbrus Purcari Estate (Targoviste), the company announced, a deal that enables...
Winemaker Cramele Recas Ends 2022 with EUR60M Revenue
Winemaker Cramele Recas, one of the largest players in the Romanian wine market, ended 2022 with an increase of about 10% in volume, thus reaching its growth target of about 20% in value, wh...
Domeniile Ostrov Sales Rise 7% to RON20M in H1
Domeniile Ostrov, a 1,300-hectare vineyard in Constanta County, located on the right bank of the Danube, on the Romanian border with Bulgaria, posted sales of RON20 million in the first six...
Euro Vial Residence Buys Clos des Colombes Domain from Anne Marie Rosenberg in EUR1.5M Deal
Euro Vial Residence, a major developer active on the real estate market of Constanta, has acquired Clos des Colombes domain located in 23 August-Olimp area, in a EUR1.5 million deal.
Wine Maker Avincis Sees Tourism Weigh 30% in Turnover in 2021
Avincis wine maker of Dragasani vineyard area saw tourism reach a 30% weight in total turnover in 2021.
Romania’s 2021 Wine Exports Reach 17,4 Million Hectoliters, Just 4% of Total Production
Romania last year exported 17.4 million liters of wine as total production stood at 4.5 million hectoliters (450 million liters). This means exports weighed below 4% of total wine production...