The Russian group of companies Abrau-Durso has won the privatization tender for the purchase of the ASK Sheki Sharab winery.
Report informs that Vidadi Huseynov, director of ASK Sheki Sharab company, confirmed this information.
"About a month ago, the ASK Sheki Sharab company was put up for sale. The Russian group of companies Abrau-Durso took part in the auction. Representatives of this company came, got acquainted with the plant and decided to purchase it. The sale took place 3 days ago," the director of the company said.
Huseynov noted that the Azerbaijani company does not change the trademark, the brand name will remain the same: “ASK Sheki Sharab will keep its trademark, only the founders have changed. We should not forget that Abrau-Durso is a very large company, the initial investments are 2,300,000 euros.”
He added that it is planned to open new production areas, create new jobs, and there are plans to plant new vineyards.
"Our largest export market is Russia. From there our wines can be exported to Europe," Vidadi Huseynov noted.
Abrau-Durso plans to produce elite, as well as dessert grape wines, and plant its own vineyards with autochthonous varieties of "madrasa" and "bayanshira". The export of local wine is planned to increase fivefold by 2025.
The wine house Abrau-Durso already presents the collections of wineries: Abrau-Durso, Vedernikov Winery, Loza, and others. At the end of 2020, the Abrau-Durso company sold over 40.5 million bottles of alcoholic beverages.