Infomarket

News

Data about the Activity of Moldovan Commercial Banks on July 31, 2025Dr. Sándor Csány: Being the 4th largest, OTP in Moldova will grow both organically as well as through possible mergers and acquisitions It seems to be a place, but it is notScott HOCKLANDER: For me, the persistence of Moldovan citizens is not only a learned lesson, but also a great exampleSorin MASLO: "The year 2022 was a turning point for the "Cricova" Wine Combine, the turnover increased by almost 25%"Deposit rates are at their peak. Market conjuncture or Why banks need individuals’ depositsValeriu LAZĂR: "If the state does not support business today, tomorrow it will have no one to collect taxes from.Chisinau Airport as a reflection of statehoodMonetary measures against non-monetary inflationBanks as the fulcrum of the economy: they have increased profits and are preparing for the challenges of the 2H 2022The Ministry of Finance and investors in the State Securities market at the peak of placement volumesThe banking market: turmoil and increased demand. No panicIs Moldova ready for the economic consequences of the war in the neighboring country?Are we heading for hyperinflation? It all depends on the correct diagnosis and the prescribed treatmentWhat is happening in the Government Securities Market and what does the National Bank have to do with it?The wine industry is on the verge of a revolution: Is the industry-specific law bankrupting enterprises? The trap for the oil products marketLászló DIÓSI: Foreign investments come to Moldova due to banking system stabilityWhen there is no program with the IMF, we issue are government securities ...Nikolay BORISSOV: “Acquisition of Moldindconbank is the best procurement in the Moldovan market, albeit the most risky one”Oil Ping Pong GamesBanking 2020 - pandemic, profitableWeird 2020: humility, depression, rebellion, accepting a new realityThe Hunger Games of the foreign exchange marketHow to tame liquidity?Veaceslav IONITA: The government killed the business, but flirted with the populationPeople and Business: Natural and Unnatural SelectionAlexandru BURDEINII: Being ethical becomes vital in business nowadaysMoldova’s Key Macroeconomic IndicatorsPrices at filling stations

Purcari Wineries PLC's revenue in the first half of 2023 increased by 30% year-on-year to RON 161.4 million, net profit by 43% to RON 25.54 million.

Purcari Wineries PLC's revenue in the first half of 2023 increased by 30% year-on-year to RON 161.4 million, net profit by 43% to RON 25.54 million.

According to the report of the company, whose shares are listed on the Bucharest Stock Exchange, the group grew by 30% for the second consecutive quarter, ensuring an increase in profitability: EBITDA in the first half of the year increased by 28%. It is emphasized that for all indicators, the H1 results were at or above the forecasts announced for the full year 2023: revenue growth of 18-22%, EBITDA margin of 22-26% and net profit margin of 12-16%. "We are pleased to see strong revenue growth of 30% for the second consecutive quarter. We also see good prospects for margin improvement from H2. Overall, we believe we are in a strong position to grow market share amidst general economic weakness across the globe. Our positioning in the affordable luxury segment once again demonstrates our resilience, which is encouraging," said Victor Bostan, CEO of Purcari Wineries PCL. By market, the revenue growth in Romania amounted to 40%, in Moldova - 11%. It is emphasized that in many markets, particularly in Moldova, Poland, Czech Republic, Slovakia, Purcari prioritizes profitability and margins over sales volumes. In Moldova in particular, prices are being raised to offset inflationary pressures. It is noted that in China the prospects for economic recovery have not materialized and the company's managers are focusing on marketing and promotion; in Ukraine there is growth compared to the first half of 2022, but the figures are lower than in the pre-war first half of 2021. The company is focusing on retaining the team and expanding the geography of distribution through a partnership with Coca-Cola Beverages Ucraina. Purcari Wineries Public Company Limited (with brands: Purcari, Crama Ceptura, Bostavan, Bardar, Domeniile Cuza and Angel's Estate) is one of the largest wine and brandy groups in Central and Eastern Europe. The group manages approximately 1450 hectares of vineyards and has 7 production platforms in Romania, Moldova and Bulgaria. Purcari Wineries is the leader in the premium wine segment in Romania with a share of about 25%, as well as the largest wine exporter in Moldova, supplying wine to more than 40 countries. //25.08.2023 - InfoMarket.

News on the subject

Landowners who are in the service area of a working centralized irrigation system, but are not members of an irrigation water users association, will have to pay annually for the maintenance of irrigation infrastructure.
Landowners who are in the service area of a working centralized irrigation system, but are not members of an irrigation water users association, will have to pay annually for the maintenance of irrigation infrastructure.
200 million lei has been allocated from the Government Reserve Fund to assist farmers affected by the 2022 crises.
200 million lei has been allocated from the Government Reserve Fund to assist farmers affected by the 2022 crises.
Moldovan farmers, while threatening new protests, insist on a moratorium of at least 3 months on loan repayments to banks and a meeting with the Prime Minister.
Moldovan farmers, while threatening new protests, insist on a moratorium of at least 3 months on loan repayments to banks and a meeting with the Prime Minister.
Moldova hopes to receive financial assistance from the EU to modernize the infrastructure in order to speed up the transportation of agricultural products.
Moldova hopes to receive financial assistance from the EU to modernize the infrastructure in order to speed up the transportation of agricultural products.
From August 17, Moldova will start accepting applications for direct payments in the livestock sector per head of animal and per kilogram of products.
From August 17, Moldova will start accepting applications for direct payments in the livestock sector per head of animal and per kilogram of products.
Since early 2023, farmers have been paid subsidies amounting to more than 1.093 billion lei, 17% more than in the same period last year.
Since early 2023, farmers have been paid subsidies amounting to more than 1.093 billion lei, 17% more than in the same period last year.