The revenue of the company held by the Necsulescu family stood at 192 million lei (more than EUR40 million), according to ZF’s calculations.
“We estimate we’ll see double-digit growth in value in 2020, too, faster than last year, “ Claudiu Necsulescu, president of the Jidvei group, told ZF.
Alba-based winemaker has the biggest vineyard in the country and Europe with a single owner, 2,500 hectares, and four wineries in Jidvei, Tauni, Blaj and Balcaciu.
Jidvei harvested more than 30 million kilograms of grape last fall and expected to make more than 20 million liters of wine, according to publicly available data.
Claudiu Necsculescu and his father Liviu Necsulescu, brought Jidvei back to life in the nineties after it had fallen on hard times. Now Maria and Ana Necsulescu are getting ready to take the reins of the business from their father, Claudiu Necsulescu.
(English version by Loredana Fratila-Cristescu)