However, the company’s profit rose by over RON1 million, to almost RON7 million.

Cotnari group has 1,800 hectares of vineyard and sells 17 million liters of wine per annum.

Stefan Chiritescu, a marketing manager at Cotnari, previously stated 2022 was challenging and the reopening of the hospitality channel entailed big efforts for sales teams and when things seemed to settle the geopolitical situation upended things.

(English version by Catalina Apostoiu)