The company’s profit halved to RON4.4 million in 2019 from over RON8.9 million in 2018.
The winemaker had an average of 365 employees last year.
Cotnari, a company with history of 70 years, is run by Constantin Deleanu as president. Delenau also owns around 30% of the company’s shares.
Cotnari sells about 15 million bottles of wine a year. It exports about 10% of its production and its export destinations include Spain, Germany, Italy, France, Cyprus, US and Canada.