Top 10 vineyard investments19th April, 2012 by db_staff
The Ukraine has a lot of potential as there is continuing development in the region in terms of vineyards and grapevines.
After an almost complete lack of foreign wines in Ukraine before independence, the import of wine began in the early 1990s with a simultaneous drop in Ukrainian wine production.
Wine import became more or less regular over the 1990s. This has seen something of a sea change as wine production volumes have grown over the last several years since the 1990s. The most significant growth, as reported by official statistics, was in the period 1999-2002.
This year alone it has been predicted that 332,000 grapevines will be bought to establish new vineyards. This leaves a lot of potential for investment.
A key feature is that quality control is becoming important in the region, so that good quality wines can be produced more often.