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Saturday, 04/23/2005 6:44:30 PM

Saturday, April 23, 2005 6:44:30 PM

Post# of 147
Check this out! This shows Lion-Gri having 600 employees!

Moldova
Industry: Wine
Company: Lion Gri

In a country where wine exports represent over 10 percent of the annual GDP, Lion Gri is among Moldova's top five exporters of wine. With its main market located in the CIS, the company also sells a wide range of still wines in Central and Western Europe and plans to expand production of sparkling wine. The company owns over 620 hectares of vineyards in southern Moldova, whose location is on the same latitude as France's famous Bordeaux and Burgundy regions. Lion Gri operates several wineries and employs a staff of 600. The company's management has gained extensive foreign trade experience since the company's creation in 1997. As a resident of the Expo-Business-Chisinau Free Enterprise Zone, the company enjoys exemptions from value added tax and customs duties.

Lion Gri, a growing wine company, seeks to expand its production facility in response to the growing demand on the market for high-quality wines. Its location in a region with old wine traditions, favorable climatic conditions for grape cultivation, skilled and inexpensive labor provide the opportunity to manufacture cost-competitive high-quality wines. Lion Gri is looking for a U.S. partner to provide financing and equipment for the expansion of its vineyards and sparkling wine facility and for the construction of a new still wine facility. By Moldovan law, any investments over USD 250,000 in the free enterprise zone exempt the company from income taxes for five years. Large investments may enjoy other tax breaks and exemptions as per Moldovan law.

The company has a business plan available in English. The company's management may conduct business in English. In the event a US investor is located for participation in this project, OPIC has expressed an interest in supporting an investment in Lion Gri.

www.lion-gri.com

Source: BISNIS representative in Moldova

http://www.bisnis.doc.gov/bisnis/lead.cfm?1406


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