BULGARIA: Bulgarian wine production cuts planned as sales plummet
Bulgarian wine production is to suffer a set back this autumn because of a shrinking domestic and European export market, Margot Todorov president of the country's leading winery Domaine Boyar has told the Bulgarian press. Todorov has said that some of the big players in the field, for example Domaine Boyar and Seaboard, are planning joint ventures, however this did not mean a merger only future cooperation.Smaller quantities of grapes will be bought this year and if demand drops further the purchase price of grapes will fall below last year's levels, even if the harvest is good, Todorov said.Sine the beginning of the year Bulgarian exports of premium quality wines to the EU has dropped by some 20%.
Get full access to all content, just $1 for 30 days
A Message From The Editor
just-drinks gives you the widest beverage market coverage.
Paid just-drinks members have unlimited access to all our exclusive content - including 14 years of archives.
I am so confident you will love complete access to our content that today I can offer you 30 days access for $1.
It’s our best ever membership offer – just for you.
Olly Wehring, editor of just-drinks
- Review of the Year 2014 - Part V: Wine
- Review of the Year 2014 - Part IV: Spirits
- just Five Years Ago - Belvedere Group's Bumpy Ride
- Coca-Cola to get boost from Monster in China
- Sustainability in Wine - Part III
- Campari to bag EUR19m with "non-core" assets sale
- Pernod wins consent for Glenlivet upgrade
- Thailand pulls back from New Year alcohol ban
- Tequila set for export boost after record 2014
- India's Kerala state to ease alcohol restrictions