04.22.2013

Winemaker Tohani is branching out into mineral water under the Cheile Bicazului brand after having bought the majority stake in its bottler Naturalaqua Group early this year. more

04.18.2013

Romania’s major winemakers are expecting sales growth of up to 10% around the Orthodox Easter, compared with the same time in 2012, which should see the market rebound after a first quarter decline. more

02.14.2013

Romanian restaurants annually sell over 20,000 wine bottles worth more than EUR100 per piece, according to Bogdan Ciocoveanu, business director with Lerida International, the largest wine importer on more

02.12.2013

Murfatlar, the largest player in the Romanian wine industry, which went insolvent last year to reorganize the business, plans to keep its turnover at the same level as in 2012 and boost sales on the more

02.05.2013

Jidvei, one of the largest wine producers in Romania, is focusing on the premium and superpremium wine segment, which local players are only now starting to tap into. more

12.10.2012

Winemakers started December in full gear, a month that generates the highest sales of the year for them as for the entire fast moving consumer goods industry. more

03.30.2012

Philip Cox is one of the shareholders of Cramele Recas, a winemaker with almost EUR18 million sales last year, who left the UK in the early nineties and indirectly returned via the company he owns, more

03.23.2012

One of the shareholders of real estate company S+B Gruppe, the developer of the Pipera Business Tower office building, owns 700 ha of farmland in the Oltenia area and has tapped the wine market with a more

03.12.2012

Alcoholic beverage producer Angelli doubled exports last year and sold 8 million bottles, the same as in 2010. The company wants to tap new markets this year. more

03.09.2012

The Romanian wine market could stagnate in 2012 after having lost some of its volume over the past few years, according to ZF estimates based on data provided by winemakers. more

02.20.2012

The Romanian wine market grew by 15% last year, to a value of about EUR400 million, after two years of decline, according to the data of industry association PNVV. more

02.03.2012

Jidvei, one of the largest winemakers on the local market, whose revenue stood at EUR18 million in 2010, set out to make EUR10.7 million investments in 2012. Its most important projects this year are more

01.27.2012

Wine makers attracted EUR166 million in EU funds between 2007 and 2011, which went mainly into the reconversion of around 10% of the vine growing area. In the past few years, the funds made available more

10.10.2011

Winemaker Jidvei, controlled by the Necsulescu family, saw sales volumes up 9% in the first nine months of this year compared to the same interval a year ago. more

10.03.2011

Romania ranks 32nd in the world by wine exports, which are less than 0.1 million hectoliters, according to data provided by the International Organization of Vine and Wine, behind neighboring states more

09.16.2011

This autumn’s grape harvest is above the average of the last few years in terms of volume and things are looking up quality-wise, as well. Total wine production will stand at around 6.5 million more

09.05.2011

The Romanian wine industry is forward to this year’s solid wine crop, after the 20 largest companies saw their turnover drop by more than 6% in 2010, according to ZF calculations based on Finance more

07.04.2011

Radu Timis, the owner of CrisTim, a EUR79 million business in the cold cuts industry, is diversifying his business through a EUR2.5 million investment in a winery in Prahova county. more

06.16.2011

Beer and soft drinks, two markets worth above EUR1 billion, and wine, worth EUR350 million, experienced their second year of decline, forcing the managers in these industries to place their hopes in more