Chilean wine producer Viña Tarapacá has created an Argentine subsidiary as part of its regional expansion programme.
Tarapacá is currently Chile’s eighth largest wine producer with export sales of $15.8m in 2002. But the company is growing quickly and exports in 2002 were 21.6% higher than in 2001.
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Tarapacá’s expansion into Argentina comes as part of its bid to increase its share of total Chilean wine exports to 5% by 2005.
