Sat, Jul 04 2009

Brits love it

Thu, Feb 20 2003 13:00 CET 57 Views
Vinprom Svishtov has developed for connoisseurs a new red wine series, The Tower of the Wine. It includes 7 000 bottles. The news stirred particular interest on the eve of February 14, St Trifon Zarezan's Day (marked in Bulgaria as the holiday of Bulgarian wine).

The wine has an identification code of origin and has been made of specially selected grapes of the Cabernet Sauvignon brand.

Another trademark of Vinprom Svishtov that has secured a foothold on the British market is Roset - 2001 Cabernet Sauvignon, Vinprom Svishtov Executive Director Marian Marinov said last Friday, quoted by the Bulgarian News Agency (BTA).

Last year the company produced 2.4 million bottles of wine, of which one million bottles were sold on the British market. The British prefer young wines with lower contents of tannin and more fragrances; this is why they appreciate so much the Svishtov-made wine, Marinov said.

Sixty per cent of the wine is made from 400 hectares of vineyards owned by the company. The rest comes from leased state-owned vineyards. The company has used a loan of 1.9 million leva from the Agriculture Fund to grow new brands of Chardonnet, Cabernet Sauvignon and Pinot Noir.

The winery's investment programme for 2003 and 2004 envisages increasing its vineyards by 100 ha using a 4.2 million leva loan under the SAPARD programme. The company will also propose a project for the manufacture of white wines under the same programme.

Write comment

Name: Comment:
Send your comment

More in this category

Cosmote Romania buys rival operator for 3G licence

Mobile operator Cosmote Romania agreed the acquisition of smaller local rival Zapp Mobile for 207 million euro on June 30, after months of negotiations.

Nabucco deal to be signed July 13

The intergovernmental agreement for the Nabucco natural gas pipeline will be signed in Ankara on July 13, it emerged on July 3.

Harnessing the wind

Bulgaria has low taxes, low labour costs and a lot of wind – a good combination for any company seeking to develop wind parks.

Creating a future in IT

On June 5 2009, US ambassador Nancy McEldowney launched the first US-Bulgarian partnership dedicated to Information Technology and Innovation.

In neutral gear

Bulgarian car parts manufacturers have been affected by the recession, but are optimistic about their future.