Metaxa is mulling a move into the Chinese liquor market. The Remy Cointreau unit said yesterday (20 October) that it has prepared a three-year business plan for moving into the territory.

At present, the Greek brandy maker exports to around 100 countries and produces around 12m bottles of brandy a year.

For the fiscal year 2004/2005, the company posted a pre-tax profit of €9.3m (US$11.1m), up from €8.6m in the corresponding period a year earlier.