Business news from Ukraine

Business news from Ukraine

KHARKIV SPARKLING WINE FACTORY STARTS BOTTLING SPARKLING WINE UNDER NOVY SVET BRAND

9 December , 2015  

KYIV. Dec 9 (Interfax-Ukraine) – Kharkiv Sparkling Wine Factory has launched production of new sparkling wine under the Novy Svet brand.

“Today we announced the result of the work lasted for the past 12 months – the return of the Novy Svet brand… Now it is transferred to Kharkiv Sparkling Wine Factory under the license agreement, as Novy Svet was our enterprise,” Agricultural Policy and Food Minister of Ukraine Oleksiy Pavlenko said at the presentation of new brands of sparkling wine in Kyiv on Tuesday.

The minister said that if the introduction of the Novy Svet brand production is success, the similar mechanism will be used for the Massandra concern.

“Kharkiv Sparkling Wine Factory and Novy Svet had different technological processes, and it was difficult for us to start production. Nevertheless, using the same wine materials used by Novy Svet we received 12 kinds of wine approved by the taste panel. This will be Ukrainian sparkling wine with retaining of Novy Svet brand for Ukrainian consumers,” Director of Kharkiv Sparkling Wine Factory Andriy Malyshev said.

It is planned to produce 30,000-40,000 bottles by New Year, he said. The preliminary cost of one bottle of Novy Svet wine will be UAH 100.