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Sunday, March 20, 2005
The number two player on the wine market, Jidvei Romania, has estimated its sales for this year will reach 18 million euros, being driven by the same portfolio it had in 2004, when it turned in sales of 15 million euros.
Sales last year went up 12% in terms of value, while witnessing a 3.5% retreat in terms of volume.
Jidvei Romania owns 1,450 ha of vineyards in the Tarnave region of Romania and does not foresee buying any more vineyards or competitors in the industry.
Posted by Mihai Botea : 3/20/2005 07:42:00 pm
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