, Cramele Recaș invests €11 million to reach €100m turnover  

Romanian wine producer Cramele Recaș is investing more than €11 million to expand its production capacity, including the addition of sparkling wines, which it says will boost sales to 50 million bottles per year. Philip Cox, Cramele Recaș’s commercial director and co-owner, said sparkling wine provided a major growth opportunity that would help the business reach turnover of €100 million in the next three to five years, while it would continue to …. . The investment will be shared among three key projects, including a new winery at Tenuta Odobești Winery, in Vrancea, which currently produces more than 7 million litres per year. Sited in the largest vineyard region in Romania, the Tenuta winery was established more than 20 years ago by Italian investor Fabrizio Mosconi, who will take the role of managing director. Under the new arrangement, production will be increased to around 12 million litres, with a focus on sparkling wine category, as well as the production of bulk wine and juice. The company is also investing in a new, state-of-the-art bottling facility, and new warehousing, which is set to open in August. The new bottling facility will have the capacity to fill more than 13,000 bottles per hour, and 50 million bottles per year – making it the largest bottling line in Eastern Europe, the company says. The facility will include AI integration to manage quality and efficiency through automated production equipment, and is expected to be operational in 2025. The new In 2020, Cramele Recaş became

This Article was originally published on The Drink Business - Wine

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