Top profit maker was Cramele Recas, which last year beat Jidvei by revenue and became the largest winemaker in the country. Cramele Recas posted 42 million lei (EUR8.8 million) net profit, which means its profit margin stood at more than 23%, according to ZF’s calculations.
Second most profitable and also second leading by revenue was Jidvei, a company held by the Necsulescu family. Jidvei posted RON21.3 million net profit, which means its profit margin was 12%.
Third by profits was Crama Ceptura, while third by revenue was Cotnari. Cotnari is the only top five winemaker to have posted a decline in profit. The top five winemakers posted RON86 million net profit together in 2018, 22% higher than in the previous year.(EUR1=RON4.7339)
(English version by Loredana Fratila-Cristescu)