Wine exporting network Spanish Wine Group (SWD) hopes to sell 8m bottles of wine in 2008 and tap new markets in Europe, Asia and the US.

A company spokesperson confirmed to just-drinks today (4 July) that SWD - made up of six major wineries - would open subsidiaries in Puerto Rico, the US and China this year. SWD has recently set up a subsidiary in Germany.

The spokesperson said SWD wanted to enter 35 countries in the medium term, up from 20 now. The company has a strong presence on the West Coast of the US, in Puerto Rico and south-west Europe, she added.

SWD will sell 23 labels from seven denominations, the top of which include Rioja label Entrecepas and Absum, a Somontano label made by Bodegas Irius.

The group's winery partners, including Palacio de Villachica, Montalvo Wilmot and Bodegas Briego, have invested EUR120m (US$153.5m) since 2003 to improve the wineries' production and expand their facilities, according to reports.