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Tsimlyansk Wines

Company

Agriculture and fishing
Since 2001
Russia
Southern Federal District of the Russian Federation
347320, Rostov region, Tsimlyansky district, Tsimlyansk, st. Lazo, 1



Owners:
Apex Management - 50%
Financial results
2023 year
Revenue: 453800 Ths. rub
Net Profit: -123200 Ths. rub
Number of employees
2021 year
285

Owners

Main article: Russian wine

Tsimlyanskie Vinya OJSC is a wine production enterprise. One of the oldest in Russia in this industry. Produces quiet aged and sparkling wines.
2022:
Managing Shareholder - Asker Khapaev
Chief Technologist - Anna Sidorova

Vineyard area. Geography

Rostov region, Tsimlyansk.
The total vineyard area is:
2022:500 ha (250 of them in Malaya Martynovsk on the left bank of the Don)

Terroir

All Tsimlyansk vineyards, due to their geographical location and climate characteristics, are sheltering, their uniqueness lies in the absence of the need for intensive treatment with chemicals during ripening, which makes it possible to call Tsimlyansk wine organic. The Don viticulture zone is located on the right bank of the Don. From 350 to 450 mm of precipitation falls per year. Soils are chernozems and dark chestnut, but in the subsoil and, especially on the slopes, limestones begin from a shallow depth. The growing season is sufficient for the grapes to mature completely, but the danger is the early autumn frosts that occur in some years.

A set of grapes

Among those rescued from the flooding zone are the unique indigenous varieties Tsimlyansky Black, Plechistik and Krasnostop Zolotovsky, which do not have a genetic relationship with well-known European technical varieties.
Tsimlyansky Chyorny, Krasnostop Zolotovsky, Citron Magaracha, Golubok, Platovsky, Denisovsky, Aligote, Muscat, Chardonnay, Pinot Noir, Cabernet Sauvignon, Merlo, Saperavi

Performance indicators

2023: Revenue reduction by 13% to RUB 453.8 mln

The revenue of Tsimlyanskie Vin for 2023 decreased by 13% compared to a year ago - to 453.8 million rubles. The net loss of the Rostov enterprise reached 123.2 million rubles, having decreased by 28.8% compared to the losses of 2022. This is evidenced by the reporting data on RAS, which the winery published in early April 2024.

According to the Interfax news agency, citing materials from Tsimlyanskie Vin, the company's commercial expenses in 2023 increased by 9.4% compared to the previous year and amounted to 97.9 million rubles, management costs increased by 11.1%, to 97.8 million rubles. These factors also had an impact on the growth of the loss from sales by 6.6% to 105.883 million rubles, the loss before tax increased by 12.5% to 148 million rubles.

Revenue "Tsimlyansky wines" for 2023 decreased by 13%

Accounts payable of Tsimlyansk Wines JSC by the end of 2023 amounted to 829.7 million rubles (as of the end of December 2022 - 811.8 million rubles) receivable - 218.7 million rubles (a year earlier - 217.3 million rubles).

It also follows from the reports of Tsimlyanskie Vinya JSC that the company's cost of sales in 2023 amounted to almost 364 million rubles, which is 23.4% less than a year ago. According to the results of its work in 2023, the gross profit of the winemaking enterprise increased by 14.8% and reached 89.9 million rubles.

As Interfax was told in the Ministry of Agriculture and Food of the Rostov Region, in 2023, Tsimlyansk Wines produced 114.8 thousand decaliters of products, which is 31.8% less than a year earlier. At the same time, the winery company laid 32.9 hectares of vineyards. By the end of 2024, the company expects to maintain the volume of production of wine products and laying vineyards at the level of 2023, the department noted.[1]

History

The history of Tsimlyansk winemaking began back in the time of the Khazar Khaganate, approximately the 9th century from R. H. Residents of the Khazar fortress Sarkel, now at the bottom of the Tsimlyansk reservoir, grew grapes and produced wine. The first documentary mention of the Tsimlyansk wines dates back to the time of Emperor Peter I, who, after visiting the house of the disabled in Paris, sent 20 barrels of Tsimlyansk red wine as a gift to the veterans of Louis XIV.

2022

Sale of 50% of Tsimlyansk Wines to Apex Management

It became known about the sale of 50% of Tsimlyansk wines to Apex Management. The latter filed a corresponding petition with the Federal Antimonopoly Service (FAS) in December 2022.

According to Interfax, citing the press service of the FAS, the department planned to assess the impact of the transaction on the alcohol market in the prescribed manner. On December 29, 2022, the FAS announced that the application for the purchase of a 50% stake in Tsimlyansk Wines by Apex Management was granted. According to the department, the deal will support the domestic wine producer and will not lead to a restriction of competition in the alcoholic beverages market.

It became known about the sale of 50% of "Tsimlyansk wines"

In the first half of 2022, the Tsimlyansk Wines enterprise produced 112.6 thousand decaliters of wine products, which is twice as much as a year earlier. The manufacturer is increasing the volume of quiet and sparkling wines relative to wines with a protected geographical indication. In January - June 2022, the company produced 619.4 thousand bottles of still wines, which is almost 5 times more than a year earlier, sparkling - 683.9 thousand bottles (an increase of 3.5 times).

The share of the plant's wines in the total production of Don wine products is 67%, First Deputy Governor of the Rostov Region Victor Goncharov told the publication. Apex Management is engaged in the management of investment and non-state pension funds, the FAS noted.

By November 2022, 100% of Tsimlyansk Wines belonged to Sokol Development JSC. Both companies are managed by Asker Khapaev, the owner of Parity, who is also associated with the son of the former head of the Rostvertol plant, Yuri Slyusar. According to the Unified State Register of Legal Entities as of December 15, 2022, the only owner of APEX Management JSC is Elena Kulikova, general director of the company. The company is registered in Moscow.[2]

Construction of hotel complex

The construction of a hotel complex with a swimming pool, a museum and a holiday site began.

2021

Laid 25 hectares of Krasnostop Zolotovsky.

1966

in 1966, the modern Tsimlyansky wine factory was built and the first bottle of sparkling wine was produced

1880

In 1880, Grand Duke Konstantin Nikolaevich decided to build an alcohol and vodka workshop in the village of Tsimlyanskaya. It was on its basis that the Tsimlyansk wine farm was founded after the revolution.

1786: Foundation of the brand "Tsimlyansk wines"

The foundation of the brand "Tsimlyansk wines" took place in 1786.

Notes