Jidvei ended 2023 with turnover worth above EUR50 million at group level and this year banks on a turnover increase of at least 10%.
Jidvei group operates the business via several companies. The largest one is Jidvei SRL Filiala Alba, with turnover of EUR37.8 million (RON186 million) in 2022, up 3% from 2021.
Jidvei manages around 2,500 hectares of vineyard and annually bottles around 18 million liters of wine. The group also has an animal farm, a dairy plant and tourism activities.
In 2023, Romania’s wine production reached 4.4 million hectoliters, after a 15% increase from the previous year and retained the 6th position in the European ranking.
(English version by Catalina Apostoiu)