Results 1 - 25 from 117 for "wine"
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Alexandrion Group Wants to Enter Top-5 Largest Winemakers in 2024
06.13.2024
Alexandrion group, the largest local spirits producer and one of the biggest players on the wine market, has carried out a new rebranding for the winemaker of Gura Vadului, which is now named more
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Purcari Wineries Acquires Timbrus Purcari Estate
03.29.2024
Winemaker Purcari (WINE.RO), whose shares are included in the BET, has signed an agreement to acquire 100% in Timbrus Purcari Estate (Targoviste), the company announced, a deal that enables it to more
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Wines of Romania: Domestic Wine Production Up 15% In 2023
02.15.2024
Romania's wine production was 15% higher in 2023 vs 2022, despite coming from a total vineyard area slightly reduced compared to the previous years, in line with data from ONVPV, analyzed by Wines of more
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Romania's Wine Production Up 15% In 2023 And 4% Above Average Of Last Five Years
11.13.2023
Romania produced 4.4 million hectoliters of wine in 2023, 15% more than in 2022 and 4% more than the average of the last five years, consolidating its position as the sixth largest wine producer in more
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Winemaker Cramele Recas Ends 2022 with EUR60M Revenue
02.02.2023
Winemaker Cramele Recas, one of the largest players in the Romanian wine market, ended 2022 with an increase of about 10% in volume, thus reaching its growth target of about 20% in value, while more
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Domeniile Ostrov Sales Rise 7% to RON20M in H1
09.26.2022
Domeniile Ostrov, a 1,300-hectare vineyard in Constanta County, located on the right bank of the Danube, on the Romanian border with Bulgaria, posted sales of RON20 million in the first six months of more
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Euro Vial Residence Buys Clos des Colombes Domain from Anne Marie Rosenberg in EUR1.5M Deal
07.08.2022
Euro Vial Residence, a major developer active on the real estate market of Constanta, has acquired Clos des Colombes domain located in 23 August-Olimp area, in a EUR1.5 million deal. more
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Wine Maker Avincis Sees Tourism Weigh 30% in Turnover in 2021
07.01.2022
Avincis wine maker of Dragasani vineyard area saw tourism reach a 30% weight in total turnover in 2021. more
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Romania’s 2021 Wine Exports Reach 17,4 Million Hectoliters, Just 4% of Total Production
06.07.2022
Romania last year exported 17.4 million liters of wine as total production stood at 4.5 million hectoliters (450 million liters). This means exports weighed below 4% of total wine production, in line more
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Cramele Recas Mulls National Coverage Expansion via New Regional Warehouses
04.26.2022
Wine maker Cramele Recas, a major player on Romania’s market, is considering broadening national coverage by opening regional warehouses besides the existing ones. more
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Tohani Earmarks over EUR9M to Invest in Winery Retooling and Green Energy in 2022
01.13.2022
Virgil Mandru, owner of wine maker Tohani, said the company’s investment budget amounts to at least EUR9 million in 2022, aimed at winery retooling and green power. more
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Premium Winemaker Davino Taps into Retail
12.30.2021
Winemaker Davino of Dealu Mare, known for operating on the premium segment of the market, is to list some wines in major retail chains, having already signed contracts with two major players, with more
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Wine Maker Lacerta Expects Flat Turnover in 2021 YOY, at RON4.9M
11.29.2021
Walter Friedl, managing partner of wine producer Lacerta, expects the company’s 2021 turnover to be flat from 2020. Last year, turnover hit RON4,9 million, down 24% year-on-year. more
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Jidvei Expects RON200M Wine Sales in 2021
11.16.2021
Maria Necsulescu, Jidvei deputy general manager, expects RON200 million turnover from wine sales alone in 2021. more
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Sparkling Wine Producer Zarea Sees Double-Digit Growth in Revenue to RON110M in 2020
11.15.2021
Zarea, one of the most important players in the alcoholic beverages market in Romania, posted of RON110.4 million (EUR22.9 million) revenue in 2020, up 10% compared with the RON 100.5 million (EUR21.2 more
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Tohani Romania Expects 25-30% Turnover Growth in 2021 YOY
11.15.2021
Virgil Mandru, owner and CEO or Tohani Romania, expects to end 2021 with a turnover increase of around 25-30% against 2020. more
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Purcari Net Profit Up 55% to RON39.8M in Jan-Sept 2021 vs Year-Earlier Period
11.15.2021
Wine producer Purcari ended the first nine months of this year with net profit worth RON39.8, up 55% from the year-earlier period, while revenues increased by 20% to RON166.5 million. more
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Vinicola Averesti Wants to Operate 50% of Sales Abroad
11.10.2021
Constantin Dulute, one of the most powerful Romanian entrepreneurs, known for his agricultural businesses, who now owns Vinicola Averesti business, plans to operate 50% of wine sales abroad in the more
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Wine Producer Castel Mimi Ends 2020 with EUR2.5M Turnover
11.09.2021
Wine producer Castel Mimi of the Republic of Moldova ended 2020 with turnover worth EUR2.5 million. more
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Wine Producer Avincis Expects Turnover to Rise by 20% in 2021 vs. 2020
11.04.2021
Wine maker Avincis, of Dragasani vineyard area, expects 20% higher turnover this year against 2020, even as this year has still been marked by pandemic-related uncertainty. more
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Romania’s 2021 Grape Production Set to Top 1 Million Tons, 10-15% Higher YOY
10.19.2021
This year’s grape production is 10-15% higher than in 2020 and goes beyond 1 million tons, a record high quantity reached only in 2017 and 2018. more
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Winemaker Domeniile Prince Matei Sees Turnover Doubling in 2021 to around RON3.5M
10.04.2021
Domeniile Prince Matei, a company owned by Vintruvian holding, which also holds Viticola Sarica Niculitel, expects turnover to double in 2021 from 2020, to around RON3.5 million, in line with ZF more
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Viorel Harabagiu, Owner of Sinaia’s Perla Bucegi Hotel, Set to Tap Wine Tourism Niche
09.16.2021
Virgil Harabagiu, owner of Perla Bucegi of Sinaia, who also holds 30 hectares of vineyard in Dealu Mare, plans to develop a touristic complex made up of villas, as well as a restaurant on the wine more
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Alexandrion Group Expands to Greece with Import and Distribution Operations
08.02.2021
Alexandrion group has expanded to Greece with alcoholic beverage import and distribution operations, a country where it takes 54 brands in 18 categories. The Romanian business therefore sells its own more
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Winemaker Cotnari Sales Flat at RON143M in 2020, Profit Shrinks
04.07.2021
Romania’s third largest winemaker Cotnari posted almost RON143 million revenue in 2020, about the same as in 2019 but the net profit shrank 20% to RON3.5 million, financial analysis platform more