wine

Over 70% Of Romania’s Wine Production Isn’t Taxed – Winemakers

Over 70% of Romania’s annual wine production, or about 4 million hectoliters, isn’t taxed and goes to the black market and winemakers’ own consumption, Ovidiu Gheorghe, general manager of Romania’s winemakers association, told a news conference Monday.

Romania’s ’09 Wine Production Seen Up 13% On Yr

Romania’s wine production might total 6 million hectoliters in 2009, up 13% compared with 5.3 million hectoliters a year before, according to the ONIV industry association of wine makers that also sees a 10-12% growth of the wine exports.

Romanian Agriculture Ministry To Launch Program Promoting Local Wine In Romania

Romania’s Agriculture Ministry will launch next year a EUR400,000 advertising project promoting local wine in Romania.

Romania ’08 Wine Sales Seen Up 11% YY, To EUR500M – Assoc

Romanian wine sales are seen up 11% to around EUR500 million in 2008, from EUR450 million a year ago, the general manager of the Vineyard and Wine Employers’ Association PNVV, Ovidiu Gheorghe, said Tuesday at Romania Retail Forum 2008 organized by MEDIAFAX.

Romanian Winemakers To Receive Funds For Crop Insurance, Wine Promoting

Romanian winemakers will receive funds to promote their wines on foreign markets, to insure their crop and to use concentrated grape stum in order to increase alcohol concentration, the Government said Thursday in a statement.

Romania’s First 4-Mo Wine Imports, More Than Double Vs. Exports

Romania’s wine imports reached 11,782 tons in the first four months of 2008, more than double the quantity of wine exports, which totaled 5,106 tons, according to the data offered by the country’s Ministry of Agriculture and Rural Development.

Chilean Winemakers Eye Romanian Mkt

Winemakers in Chile, which is considered a “miracle” of the world wine market after its exports grew significantly in the past ten years, are seeking partnerships and mull investments on the Romanian wine market.

European Union To Grant EUR510M Subsidies To Winemakers

Winemakers in EU countries, including the Romanian wine producers, will receive additional subsides worth a total of EUR510 million for improvements in wine quality to compete with the wine quality standards in the United States, Australia and South Africa.