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Galitsky and Galitsky (Russian Terroir)

Company

Financial results
2024 year
Revenue: 258600 Ths. rub
Net Profit: 399300 Ths. rub

Owners

Main article: Russian wine

Billionaire Sergei Galitsky, founder of the second-largest Russian retailer Magnit, invested in winemaking with his wife's brother, Sergei Galitsky. The Galitsky & Galitsky brand belongs to the Russian Terroir company, in which partners own 51% and 49%, respectively. The vineyards of the Galitsky & Galitsky brand are located in the foothills of the Caucasus, near the village of Gostagaevskaya near Anapa. The chief winemaker of the project, Alexei Tolstoy, worked on the Divnomorskoye Estate project and is one of the partners in the Markoth Estate. The signature style of the winery was developed by Artemy Lebedev's studio. Until 2022, the winery produces about 200 thousand bottles a year. The exclusive distribution rights for the new wine went to Simple


2023:
Project Manager - Alexey Tolstoy
Winemaker -Sergey Biryukov

Vineyard area. Geography

One of the coolest vineyards in the country is located within the boundaries of the Krasnaya Gorka nature reserve. of the 200 hectares of the plot, vineyards occupy 68.55 hectares. The winery is located in the village of Verenikovskaya.

Terroir

A set of grapes

Under the brand name "Galitsky & Galitsky" you can buy wines chardonnay, riesling, sauvignon, pinot noir, cabernet sauvignon, merlot and cosaque

Performance indicators

2024: Revenue growth 27% to ₽258,6 million

The company LLC "Russian Terroir," owned by the ex-owner of the retailer Magnet"," Sergey Galitsky completed 2024 with a net profit under RAS in the amount of ₽399,3 million, which is five times higher than in 2023. The company's revenue in 2024 increased by 27% and reached ₽258,6 million. This was announced by the company on April 9, 2025.

According to Interfax, this is the best indicator of the company's profit since its inception in 2016. In the period from 2019 to 2022, Russian Terroir received losses, which was explained by the implementation of investment activities aimed at creating complex production that requires significant capital investments.

Wine producer "Russian Terroir" ex-owner of "Magnit" Sergei Galitsky increased annual net profit 5 times

The revenue structure of the winery in 2024 was distributed as follows: revenues from the sale of wine increased by 15% to ₽234,9 million, revenue from the sale of wine material tripled to ₽1,3 million. At the same time, revenue from wholesale trade in grapes decreased 1.7 times - to ₽20,6 million.

Other revenues of the company made a significant contribution to the financial result, which in 2024 increased 30 times compared to 2023 and amounted to ₽293,6 million. The company does not disclose production volumes in its reports.

Sergey Galitsky has been implementing a project to develop viticulture in the Krasnodar Territory since 2010. As part of the project, vineyards are being laid in the village of Gostagaevskaya near Anapa. Currently, the area of ​ ​ the company's fruit-bearing vineyards is almost 70 hectares. For legal registration of the project in October 2016, Russian Terroir LLC was established.

In November 2019, the businessman began producing wines of the premium segment. The Galitsky and Galitsky winery is also located near Anapa. The capacity of the winery at the initial stage is 60 thousand bottles per year.[1]

History

2025: Opening a wine store in the center of Moscow

The founder of the Magnit retail chain, Sergei Galitsky, opened the first wine boutique of his winery in the center of Moscow on Kuznetsky Bridge Street. The Department of Trade and Services of the capital issued a license for the retail trade in alcohol to the Russian Terroir company, operating under the Galitsky and Galitsky brand, in early September 2025. The store is located in the historical building of the Kuznetsk Passage mansion. The winery produces premium wines ranging from ₽2,678 to ₽16,490 per bottle.

The company's plans to open its own boutique in Moscow were confirmed by a representative of Simple Group, the exclusive distributor of Galitsky and Galitsky wines. The company "Russian Terroir" itself did not answer the questions of the publication. The search for a suitable premises in the capital took about two years.

Founder of the Magnit retail chain Sergey Galitsky

Irina Kozina, director of street retail at NF Group, spoke about the criteria for choosing a location. The company was looking for premises ranging from 70 to 200 square meters in the very center of the city. Space was required for wine storage, sales and tastings. Initially, it was only about one store in the capital.

Following the results of the work of the Moscow boutique, the company will decide on the expansion of the project. The chosen location is designed for the elite public of the center of Moscow. For the winery, this is more of an image project and an investment in product marketing. Premium restaurants are located nearby, which can attract additional customers.

"Russian Terroir" was founded in 2016 as a joint project of two Sergeyev Galitsky. The founder of Magnit owns 51% of the company. The remaining 49% belong to his wife's brother, also Sergei Galitsky, who is called Galitsky Jr.

The history of the winery began by accident. Galitsky Jr. was looking for a country house with a vineyard of 1 hectare. However, he found a plot of 200 hectares in the Red Hill terroir and suggested that his brother-in-law jointly open a winery. According to Galitsky Jr., the founder of Magnit agreed without hesitation.[2]

2023

The winery has re-registered a new brand TON618

2022

According to the results of 2022, revenue increased to 86.26 million rubles A year of detailed design of a gravity winery in one of the hills. Winery "Galitsky and Galitsky" refused to use the name "Russian Comet" (La Comete Russe) due to the fact that a similar name "Vin de la Comete" belongs to the Moscow company "Ruslan"

2019

In May 2019, an application was submitted for the Cosaque wine brand

2017

The company registered the trademark for Galitsky & Galitsky wine in May 2017.

2016

Start of operations. Registered LLC "Russian Terroir"

Notes