WINE
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Cramele Recas Mulls National Coverage Expansion via New Regional Warehouses
Wine maker Cramele Recas, a major player on Romania’s market, is considering broadening national coverage by opening regional warehouses besides the existing ones.
Tohani Earmarks over EUR9M to Invest in Winery Retooling and Green Energy in 2022
Virgil Mandru, owner of wine maker Tohani, said the company’s investment budget amounts to at least EUR9 million in 2022, aimed at winery retooling and green power.
Wine Maker Lacerta Expects Flat Turnover in 2021 YOY, at RON4.9M
Walter Friedl, managing partner of wine producer Lacerta, expects the company’s 2021 turnover to be flat from 2020. Last year, turnover hit RON4,9 million, down 24% year-on-year.
Jidvei Expects RON200M Wine Sales in 2021
Maria Necsulescu, Jidvei deputy general manager, expects RON200 million turnover from wine sales alone in 2021.
Tohani Romania Expects 25-30% Turnover Growth in 2021 YOY
Virgil Mandru, owner and CEO or Tohani Romania, expects to end 2021 with a turnover increase of around 25-30% against 2020.
Purcari Net Profit Up 55% to RON39.8M in Jan-Sept 2021 vs Year-Earlier Period
Wine producer Purcari ended the first nine months of this year with net profit worth RON39.8, up 55% from the year-earlier period, while revenues increased by 20% to RON166.5 million.
Vinicola Averesti Wants to Operate 50% of Sales Abroad
Constantin Dulute, one of the most powerful Romanian entrepreneurs, known for his agricultural businesses, who now owns Vinicola Averesti business, plans to operate 50% of wine sales abroad...
Wine Producer Castel Mimi Ends 2020 with EUR2.5M Turnover
Wine producer Castel Mimi of the Republic of Moldova ended 2020 with turnover worth EUR2.5 million.
Wine Producer Avincis Expects Turnover to Rise by 20% in 2021 vs. 2020
Wine maker Avincis, of Dragasani vineyard area, expects 20% higher turnover this year against 2020, even as this year has still been marked by pandemic-related uncertainty.