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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

Cricova wine factory’s net profit in 2020 amounted to 3.47 million lei, down 6.5 times compared to the previous year (22.55 million lei).

Cricova wine factory’s net profit in 2020 amounted to 3.47 million lei, down 6.5 times compared to the previous year (22.55 million lei).

According to the published annual financial statements of Cricova JSC, the volume of its sales last year decreased by 18.9% - from 298.58 million to 242.09 million lei, and the cost of sales decreased by 12.1% - from 209.87 million to 184.44 million lei. Commercial expenses decreased by 59.2% - from 23.84 million to 9.72 million lei, while administrative expenses decreased by 2.1% - from 33.68 million to 32.98 million lei. In 2020, Cricova JSC produced 288 thousand decaliters (dal) of bottled still wines and 4 million 900 thousand bottles of sparkling (champagne) wines, including 317 thousand bottles of classic champagne. About 51% of the total sales amounting to 242.09 million lei were sold in Moldova, and the remaining 49% were exported. Investments of Cricova JSC in 2020 amounted to 10.4 million lei, of which 7.6 million lei were for the maintenance and expansion of vineyards, and 2.8 million lei - for equipment for the production process. The authorized capital of Cricova JSC is 182.56 million lei. 100% of the company's shares are owned by the state. The Cricova Wine Factory was founded in 1947. It is the only enterprise in Moldova that produces sparkling wines using the classic champagne method. The plant also produces a wide range of quality ordinary and vintage grape wines. //22.07.2021 - InfoMarket.

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