Faustino: ‘China will become our most important market in five years’

7th June, 2018 by Natalie Wang

With a departure from Spain’sold fashioned image and China’s growing thirst for wine, Group Faustino, the Spanish wine giant, is confident that the country will become its most important wine market within the next five years, according to its CEO.

CEO of Groupo Faustino, Francisco Honrubia Grijalbo

The group has been exporting to the mainland China for the past 10 years but it was only in the past three years that it experienced fast-paced growth, following its partnership with China’s COFCO Wine & Wine, the state-owned wine importing company, in 2015.

Today, Faustino counts China as its third biggest export market behind the UK and Switzerland. “And within the next the five or 10 years, it will become the most important one for….

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