The Bulgarian unit of France-based Belvedere has opened a winery in the country, according to local reports.

The unit saw its Katazyna Estate winery in Bulgaria open on Monday (3 September), reports from the country have said.

The winery, which was opened by Bulgarian president Georgi Parvanov, will begin selling its first wine for EUR50 (US$68) in the near future, the reports said. The winery will also produce white wine.

No-one was available to confirm the reports at Belvedere when contacted by just-drinks today.

Last month, Belvedere posted a 7% leap in sales for the first six months of 2007. Sales hit EUR501.6m for the period, with the company crediting the integration of US spirits company Florida Distillers in April and other acquisitions in Poland for contributing to the climb.