RUSSIA: Abrau-Durso sets targets for still wine production - report
Abrau-Durso plans eight different still wines
Abrau-Durso, the Russian wine producer, is entering the still wine market with plans to produce eight varieties under its Homestead Divnomorskoye brand, according to reports.
The Krasnodar Krai region-based firm, which is known for its sparkling wines, is targeting annual production of 300,000 bottles of still wine within the next four years, business news agency Prime reported today (10 October). In 2013 alone, the company plans to produce 94,000 bottles.
Pavel Titov, Abrau-Durso's chairman, said the company wants to sell “high quality” wine and is not focussed on gaining significant marketshare. “Our new legislation does not allow us to advertise wine,” he was reported as saying. “It is impossible to make a mass product in these circumstances.”
Abrau-Durso currently accounts for around 9% of Russia's sparkling wine market, including domestic and imported brands, Titov said.
- Brown-Forman's march on premium whisk(e)y -Comment
- Will US consolidation leave craft alcohol exposed?
- Are consumers getting tired of consuming?
- Should Boston Beer Co put up the For Sale sign?
- Where does AB InBev see the future of beer?
- Brown-Forman to buy BenRiach Distillery Co
- AB InBev snaps up Italy's Birra del Borgo
- Smirnoff Ice Electric flavours - NPD
- Bacardi rolls out new global Martini ad - video
- US craft beer to hit saturation soon - Koch
- Global Scotch whisky insights - market forecasts, product innovation and consumer trends
- Consumer and Market Insights: Wine Market in China
- Global non-Scotch whiskies insights - market forecasts, product innovation and consumer trends
- What Next for Beer and Brewers Following the MegaBrew Deal?
- Emerging Drinks Industry Trends