Russian Terroir LLC, the grape-growing and wine-producing company in the Krasnodar Territory of Sergei Galitsky, the former owner of the Magnit chain of retail stores, reported a revenue increase of 3.2 times in 2022 compared to 2021. In this respect Wrote Interfax agency with reference to the company’s reporting data.
The company’s revenue amounted to 86.26 million rubles. It was the best result of the organization’s work since 2016.
The net loss of Russian Terroir LLC decreased by 4.3 times to 9.88 million rubles. The company did not disclose production volumes.
The company also talked about its plans to commission a wine warehouse in the Krymsky district of the Krasnodar Territory in 2023.
In the second half of February, Kommersant newspaper, based on Roskachestvo data WroteThat Russian winemakers increased their gross production of sparkling wine by 42% in 2022 compared to 2021, to 6.1 million decaliters.