Business news from Ukraine

ODESA COGNAC PLANT STARTS SUPPLYING ITS PRODUCTS TO AUSTRALIA, POLAND

21 December , 2016  

KYIV. Dec 21 (Interfax-Ukraine) – Private joint-stock company Odesa Cognac Plant, a large cognac producer in Ukraine, has signed contracts to supply its products to Australia and Poland.

“Odesa cognac plant would increase production and sales this year. We are entering new markets. Two weeks ago we shipped a batch of our products to Australia. Now we have signed a contract to supply cognac to Poland,” Board Chairman Eduard Horodetsky told reporters.

He said that now the enterprise is expanding geography of shipments and developing on the U.S. market. The company exports its products to 14 countries.

“Around 10% of products are exported,” he said.

He said that the cognac production facilities were located by 55% during the year.

“Our distilling capacity is 30 million liters of wine a season. Now around 8 million liters of cognac spirit is aging,” he said.