Cramele Recas invests 500,000 euros

Winemaker Cramele Recas intends to invest in expanding its vineyards this year as well as boosting its turnover by 20% compared 2004 to 5 million euros. Cramele Recas has 700 hectares of vineyards and has allocated approximately 500,000 euros to a new section of 50 hectares, where it will plant high quality vine. “We will plant varieties for Pinot Noir, Pinot Gris, Chardonnay and Cabernet Sauvignon, as well as the Victoria table grapes. This will enable us to improve production and become more competitive on the market,” Gheorghe Iova, the company’s technical director, told ZF Transilvania. In 2004, Cramele Recas invested approximately 1.5 million euros in retooling and upgrading. Its 2005 plans include the expansion of its distribution network to the national level. ZF