WINE
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Romania’s 2021 Grape Production Set to Top 1 Million Tons, 10-15% Higher YOY
This year’s grape production is 10-15% higher than in 2020 and goes beyond 1 million tons, a record high quantity reached only in 2017 and 2018.
Alexandrion Group Expands to Greece with Import and Distribution Operations
Alexandrion group has expanded to Greece with alcoholic beverage import and distribution operations, a country where it takes 54 brands in 18 categories. The Romanian business therefore sell...
Winemaker Cotnari Sales Flat at RON143M in 2020, Profit Shrinks
Romania’s third largest winemaker Cotnari posted almost RON143 million revenue in 2020, about the same as in 2019 but the net profit shrank 20% to RON3.5 million, financial analysis platform...
Alexandrion Group Expects to End 2020 with 15% Growth
Alexandrion Group, the largest spirits producer in Romania, estimates gross revenue of EUR100 million in the country in 2020.
Cramele Recas Targets 8% Higher Turnover, of RON215M, YoY In 2020
Winemaker Cramele Recas, one of the largest actors on the Romanian wine market and the largest wine exporter in the country, expects a turnover of RON215 million (over EUR44 million) in 2020...
Winemaker Cramele Recas Won’t Stop Investments, Works With Two Scenarios
Winemaker Cramele Recas, one of the largest actors on the wine market in Romania and the largest wine exporter in the country, has devised two scenarios amid the current COVID-19 pandemic. T...
Winemaker Jidvei Sees Double-Digit Growth In 2019
Winemaker Jidvei, one of the largest in Romania, ended last year with about 10% higher revenue, its officials said.
Cramele Recas Exports 10 Million Liters of Wine
Timis County-based winemaker Cramele Recas made 23 million liters of wine this year, 20 million of which bottled wine and the rest bulk wine.
Eurostat: Romania Imported EUR46M Of Wine, Exported EUR25M Of Wine From/To EU Member States In 2018
Romania imported over EUR46 million worth of wine from EU Member States and exported EUR24.9 million of wine to EU countries in 2018, according to Eurostat, the statistical office of the Eur...