wine
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Wine losing out to beer: promotion investments are ten times lower
Wine producers' net investments in TV ads annually amount to 1-2m euros, according to the estimates made by the representatives of the National Vine and Wine Producers Association (PNVV) and by some industry players. This is the first public information on thi...
Philip Cox: All state structures are drowning private sector
Cramele Recas is one of the biggest domestic players in the wine industry, owning 700 hectares of vineyard and annually generating 13m-euro turnover. It is a family business in which, beside...
Wine producers flee VAT hike and seek salvation in China and Hong Kong
Wine producers flee VAT hike and seek salvation in China and Hong Kong
One in five bottles of wine, sold in hypermarkets
Wine producers generate around 23% of sales volumes through modern retail networks, a percentage that has remained constant in the past years, according to the data provided by MEMRB market...
Halewood sees turnover reaching the same level as last year
Winemaker Halewood, one of the leading wine exporters on the Romanian market, expects to end this year with a similar turnover to last year's, i.e. 11-12 million euros, says the company's ge...
Vincon sales stagnate in first six months
Wine maker Vincon Vrancea, one of the leading players in the Romanian wine industry, recorded similar sales in the first half of the year to those reported in the same period of last year.
Vincon Vrancea up 3% in Q1, to 6m euros
Wine producer Vincon Vrancea posted sales worth 25.2 million RON (6 million euros) in the first three months of this year, up 3% against the same time last year.
Top brands bring 50m euros to wine producers
The best selling wine brands cumulated sales worth around 50 million euros last year, i.e. 30% of the almost 160 million-euro turnover of the top eight players, according to a ZF analysis ba...
Vinexpert: Most expensive bottle of wine sold this holiday season worth 810 euros
Vinexpert, the largest wine retailer on the Romanian market, posted 30% higher turnover in December 2008 against the same month in 2007, but below the average growth recorded in the rest of...