“We posted EUR34 million revenue last year, as a result of a 13% growth in volume. We expect 15% growth in revenue in 2018,” said Cristian Saitariu, general manager of Jidvei, the largest winemaker in Romania.
Exports account for some 3% of Jidvei’s sales and its wine reaches US, Canada, Mexico, Japan, China, Spain, Italy, Germany, Belgium, Netherlands, Poland, UK and France.
The company estimates deliveries to those markets with Romanian communities like Spain and Italy to increase by 20% in 2018.
“We will be more active when it comes to exports, and online, especially on the premium and super premium wine segments,” Cristian Saitariu said.
Jidvei is the largest winemaker in Romania and has 2,500 hectares of vineyard and wineries in Jidvei, Tauni, Blaj and Balcaciu.
(English version by Loredana Fratila-Cristescu)