Russia's  Inter-Republican Wine Plant has acquired the Bulgarian winery Vinprom Rousse, according to a repot in the business daily Vedomosti.

The report citedthe Russian company's vice president for marketing Sergei Nikitin. Who said the Bulgarian company had hoped to get US$5m but in fact the price the Russian company paid was considerably lower, he said.

Vinprom Rousse was part of the Boyar Estates company, Bulgaria's leading wine producer.