vineyard
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Romanian winemakers sit on over 300m euros
The leading wine makers on the Romanian market, with turnover worth 180 million euros, operate a vineyard area worth at least 300 million euros, according to an analysis made by ZF.
Jidvei will invest 11m euros to rehabilitate vineyard
Winemaker Jidvei posted an over 50% growth in sales for Tezaur (super premium range) and Castel brands (a reserve wine) in the first four months of the year against the same time in 2007. "A...
Murfatlar invests 2.4m euros in replanting vineyard
Murfatlar, one of the leading wine producers on the Romanian market, will invest 2.4 million euros next year in replanting 220 hectares of vine. "Murfatlar holds over 3,000 hectares of vine,...
Alexandrion builds distillery, buys vineyard
Beverage producer Alexandrion Group is planning to invest some $3m in a wine distillery this year, which it intends to use to make the Alexandrion brandy. To that end, it is also planning to...
Former engineer restores vineyard
Claudiu Necsulescu, a 38 year-old engineer, who used to deal with commerce, bought the former state-owned company Perla Tarnavei two years ago. The vineyard was but a heap of concrete that t...