WINE
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Winemakers Rejoice As Demand For Expensive Products Rises
Winemakers started December in full gear, a month that generates the highest sales of the year for them as for the entire fast moving consumer goods industry.
Philip Cox, The Man Who Makes Wine In Romania For Retailer Tesco
Philip Cox is one of the shareholders of Cramele Recas, a winemaker with almost EUR18 million sales last year, who left the UK in the early nineties and indirectly returned via the company h...
Real Estate Developer Has Plans For Romanian Farmland, Vineyard And Woodland
One of the shareholders of real estate company S+B Gruppe, the developer of the Pipera Business Tower office building, owns 700 ha of farmland in the Oltenia area and has tapped the wine mar...
Sparkling Wine Producer Angelli Doubled Exports In 2011, Eyes New Markets
Alcoholic beverage producer Angelli doubled exports last year and sold 8 million bottles, the same as in 2010. The company wants to tap new markets this year.
Winemakers Expect Fiercer Competition, Rise In Number Of Specialist Stores
The Romanian wine market could stagnate in 2012 after having lost some of its volume over the past few years, according to ZF estimates based on data provided by winemakers.
Romanian Wine Market Grew 15% In 2011, To EUR400M
The Romanian wine market grew by 15% last year, to a value of about EUR400 million, after two years of decline, according to the data of industry association PNVV.
Jidvei Earmarked EUR10M For Investments In 2012
Jidvei, one of the largest winemakers on the local market, whose revenue stood at EUR18 million in 2010, set out to make EUR10.7 million investments in 2012. Its most important projects this...
Wine Makers Downed All Available EU Funds
Wine makers attracted EUR166 million in EU funds between 2007 and 2011, which went mainly into the reconversion of around 10% of the vine growing area. In the past few years, the funds made...
Jidvei Sees Sales Volumes Up 9% In First Nine Months Of 2011
Winemaker Jidvei, controlled by the Necsulescu family, saw sales volumes up 9% in the first nine months of this year compared to the same interval a year ago.