Business news from Ukraine

KOLONIST WINEMAKING COMPANY PLANS TO INCREASE WINE OUTPUT BY 15-20% IN 2016

16 February , 2016  

ODESA. Feb 16 (Interfax-Ukraine) – Kolonist winemaking company (Odesa region) plans to boost wine production by 15-20% in 2016, Kolonist executive director Volodymyr Holodynets has told reporters.

He said that in 2015, the company processed 240 tonnes of grapes (around 140,000 bottles of wine), and this year the company plans to process 250 tonnes of grapes (160,000-170,000 bottles).

This year Kolonist plans to make a first pilot batch of sparkling wine under the Biser trademark. It will have 5,000 bottles.

The company also plans to use some wine materials to produce balsamic vinegar. Holodynets said that it is impossible to forecast its production volume, as it will be ready in five or six years, and this segment is unique for Ukraine now.

Kolonist produces wine under the Kolonist trademark in Bolhrad district of Odesa region. The owner and founder of the company is Ivan Plachkov.