The company’s revenue decreased by 2% to 373 million lei. At the same time, production became more expensive: the cost of production increased by 3.8% and reached 292 million lei. The main factor is the sharp rise in prices for wine materials and glassware.
Thus, the price of wine materials rose by 20-25% during the year: if in 2024, a liter cost about 0.70 euros, in 2025 – up to 0.78-0.80 euros. A bottle added 7.5% to the price on average. As a result, the company began to earn less from each bottle sold – the margin fell from 26% to 22%, and the profit per unit of production fell from 9.12 to 8.04 lei.
The company partially offset the pressure with premium wines, which are better able to withstand rising costs. But the main share of sales still falls on the mass segment. Price competition is fierce there, and opportunities for price increases are limited.
There is also a positive dynamic – tourism. The number of visitors to the famous underground galleries increased from 82.7 thousand to 106.8 thousand people. This has noticeably supported revenues. Revenues from Cricova-Vin’s distribution activities also grew – plus 34% for the year.
The company tried to keep expenses in check: marketing, transportation and administrative costs were down. But it was not possible to fully compensate for the increase in energy and water prices – operating costs have been rising all the time.
As a result, part of the financial result was supported by dividends from the subsidiary and growth of related businesses. At the same time, the company continues to be a major taxpayer – it transferred 51.2 million lei to the budget during the year.
