-
Wine Jobs
Assistant Manager
Assistant Cider Maker
Viticulture and Enology...
-
Wine Country Real Estates
Winery in Canada For Sale
-
Wine Barrels & Equipment
75 Gallon Stainless Steel...
Wanted surplus/ excess tin...
Winery Liquidation Auction...
-
Grapes & Bulk Wines
2022 Chardonnay
2023 Pinot Noir
2022 Pinot Noir
-
Supplies & Chemicals
Planting supplies
Stagg Jr. Bourbon - Batch 12
-
Wine Services
Wine
Sullivan Rutherford Estate
Clark Ferrea Winery
-
World Marketplace
Canned Beer
Wine from Indonesia
Rare Opportunity - Own your...
- Wine Jobs UK
- DCS Farms LLC
- ENOPROEKT LTD
- Liquor Stars
- Stone Hill Wine Co Inc
$100m for grapevine breeding in Crimea as Russia’s wine habits turn local
May 14, 2015
(Cellarviewines) - Russian wine buying habits are being increasingly influenced by a patriotic wish to buy locally produced wines, Bloomberg reports.
Having been squeezed by the recession, Russia has experienced a social shift in wine buying habits as consumers move increasingly in favour of locally produced Russian wines rather than imported wines. The country is also looking to invest $100m into grapevine breeding in Crimea.
Sergey Aksenovskiy, brand sommelier at the Maison Dellos group of restaurants in Russia, told Bloomberg; “Russian officials recently stopped ordering the most expensive Burgundy and Bordeaux. They’ve been told not to show off amid the economic crisis.”
In 2014, Russia was the fifth-biggest wine buying country globally, but this year the imports have already decreased by thirty three percent.
According to Bloomberg: “Premium Black Sea marks like Abrau-Durso’s Usadba Divnomorskoye have benefited from the ruble’s 40 percent decline since Russia annexed Crimea from Ukraine last March, while Italian and French labels have suffered the most”.
Various winemakers and local producers who invested in high quality wines years ago have been the first to benefit from this change of habit, such as winemaker Mikhail Nikolaev, who invested $100 million into his Crimean winery Lefkadia, and sought help from experienced Bordelais winemaker Patrick Leon who worked at Château Mouton Rothschild.
Furthermore, Vitaly Polishchuk, Crimea’s minister of agriculture revealed that $100m will be used for grapevine breeding at one of Crimea’s biggest agricultural research centres, the Magarach Institute and the Nikitsky Botanical Garden.
Comments: