Investments drive up Jidvei business by 31% in H1

“Growth is the direct result of substantial investments in the past few years in plantations, in modernizing the cellar, and in manufacturing, conservation and storage of the wine. All these investments have lead to both quantitative growth, as well as quality of Jidvei wines, and were supported by the development of the distribution network,” according to the wine producer’s communique.

Jidvei has vineyards covering over 1,000 hectares along the Transylvanian Tarnavelor plateau. The company posted turnover worth RON 83 mln (€25 mln) last year, and is forecasting an advance of over 30 percent in 2008, to RON 110 mln (€30 mln).