Russian Wine Maker Plans Stock Listing As Demand Ticks Up

A report by Russian news channel RT has stated that local sparkling wine producer Abrau-Durso is planning to list on the Moscow Stock Exchange. According to the report, the firm will list 735,000 shares at RUB100, generating capital of RUB73.5mn (US$2.43mn). The move can be seen as a response to rising domestic demand for wine, as well as possible export opportunities across Eastern

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