Fanagoria begins exporting wines to Mongolia

KRASNODAR. Nov 28 (Interfax) - OJSC Fanagoria Agro-Industrial Firm of the Krasnodar territory, one of the largest winemaking businesses in Russia, has begun exporting wines to Mongolia, the company's press service reported.

The company said that the wines were delivered to the California restaurant chain located in Mongolia's capital, Ulaanbaatar. It did not disclose the volume supplied.

Fanagoria CEO Pyotr Romanishin is quoted as saying in the statement that this was yet another step forward for the Russian winemaking industry in terms of consolidating its image on the foreign market.

The winemaking company exports 800,000 bottles of wine each year. The key export markets are China, Kazakhstan, Belarus and Uzbekistan. It began exporting sparkling wines to Israel for the first time this year.

Fanagoria is a full-cycle enterprise, engaged in the production of alcohol, as well as the cultivation of grapes, grape seedlings, wholesale and retail trade. The vineyards are located on the Taman Peninsula in the Temryuk district of Krasnodar Territory and near the village of Gostagaevskaya near Anapa.

The company's vineyards currently cover an area of 4,500 hectares.