Abrau-Durso (company)

The Abrau-Durso plant dates back to the date of the decree of Emperor Alexander II - on November 25, 1870, a specific estate “Abrau-Durso” was created near Lake Abrau and the Durso River, which became the property of the royal family.

The rise of wine production in Abrau-Durso begins in 1891 - with the appointment of Prince L. S. Golitsyn as Head of Specific Winemaking. In 1894, L. S. Golitsyn built a basement for 10 thousand buckets of wine. By 1897, five similar cellars had already been built in Abrau-Durso, in which champagne production was concentrated. The first edition of 13 thousand bottles was produced in Abrau-Durso under the guidance of French specialists in 1896 . In December 1898, the first batch of champagne with the Abrau brand (25 thousand bottles) was released. The volume of production was small, champagne was supplied only to the royal court and the aristocracy.

At the beginning of the 20th century, French experts were invited to Abrau-Durso to develop champagne production. In particular, Victor Dravigny, who successfully worked in Abrau-Durso from 1905 to 1919.

In 1920, on the basis of the former royal estate, the winery state farm Abrau-Durso was created. Then, A. M. Frolov-Bagreev , the founder of the reservoir method for the production of sparkling wines, becomes the head of the enterprise. The first circulation of Soviet champagne in the amount of 36 thousand bottles was produced under the direction of A. M. Frolov-Bagreev in 1920 ^[2] .

In the 21st Century

In 2003, a controlling stake in Abrau-Durso CJSC (70%), owned by the state, was transferred to the trust administration for 49 years for Ariant Holding ( Chelyabinsk ). Ariant bought up another 30% of the shares from the previous shareholders of Abrau-Durso. SVL Group (a group of companies headquartered in London, whose main business was related to the production of mineral fertilizers) in 2006 acquired a 30% stake in CJSC Abrau-Durso from the structures of Ariant Holding and 28% from other private companies ^[3] . After that, the share of shareholders was: for Abrau-Durso KGUP (Abrau-Durso KGUP is a state institution that grows vineyards for a plant) 42%, for SVL Group 58% ^[4] .

Since 2006, the plant, with the money of a new investor - SVL Group - has been upgrading the Abrau-Durso economic and industrial complex ^[5] (investment in infrastructure - $ 25 million):

• the design capacity of the plant was increased 3.5 times (from 4 million to 14 million bottles per year) (by April 2008);

introduced new technologies for the collection and extraction of grapes, controlled primary fermentation, finishing of finished products

• a new biochemical workshop was commissioned (in April 2008);
• own vineyards
• the creation of a tourist complex on the production and economic territory, the old factory building was restored, three restaurants were opened, a luxury hotel with 40 rooms.

In 2009, the plant produced 15 kinds of champagne: 7 types of classic champagne-based technology (aged in cellars for about three years) and 8 tank- charm technologies. In 2008, the company produced about 11 million bottles of champagne. The design capacity of the plant is 14 million bottles.

In June 2009, the Abrau-Durso company and the Kremlin trading house of the Presidential Administration of the Russian Federation signed an agreement on the production of champagne under the new Kremlin Quality brand. This year it is planned to put 800 thousand bottles on the market, and from 2010 the volume of deliveries will increase to 2 million a year. The main types of champagne under the brand name “Kremlin Quality” will be Brut and Semi-sweet reservoir champagne, classic Semi-dry, Brut and Aged Red Sparkling Wine ^[6] .

In December 2009, CJSC “Abrau-Durso” introduced to the Russian market a new premium brand of champagne “Imperial” of 2 varieties: “Imperial Cuvee L'art Nouveau brut” and “Imperial Collection Vintage brut” ^[7] . In 2010, for the first time, sparkling wine from Russia received a medal at the main international wine competition International Wine & Spirit Competition - 2010 (IWSC). As a result of a blind wine tasting, Abrau-Durso received two bronze medals. On May 19, it was announced that the Abrau-Durso Imperial Cuvee L'art Nouveau brut (year 2008) and the Abrau-Durso Premium Semi-Sweet Red (year 2007) received the IWSC-2010 bronze medals.

Initial public offering

In 2011, the SVL Group bought back the remaining block of shares in the hands of Abrau-Durso State Unitary Enterprise, concentrating all the shares of Abrau-Durso CJSC in its hands.

In 2012, the owners decided to make the company public. On April 11, 2012, Abrau-Durso shares began trading on the Russian MICEX-RTS Stock Exchange. The market valued the company at 138 million dollars. The main shareholder of the company Boris Titov said that the company abandoned the standard placement scheme through the collection of investor applications and the formation of an application book. “We will gradually increase the free float on the exchange, up to 10% by the end of the year,” he concluded ^[8] .

In 2012, in connection with the transition to the civil service, the main shareholder Boris Yuryevich Titov transferred the management of the company to his son Pavel. Pavel Titov is the President of the Abrau-Durso Group of Companies and the Chairman of the Board of Directors of PJSC Abrau-Durso Pavel Borisovich Titov .

The Abrau-Durso Group of Companies includes: Abrau-Durso CJSC - production of sparkling wine, Abrau-Durso Wine Tourism Center LLC (hotels, restaurants, sightseeing services), Abrau-Durso LLC - a unit responsible for vineyards, Abrau-Durso Territory LLC - the developer of the Abrau Club de Lux cottage village, the Stary Oak and Abrau Hotel and West Slope hotels under construction. General management of the production complex is carried out by the management company PJSC Abrau-Durso. General Director of PJSC "Abrau-Durso" Vladimir Maslovsky. The Executive Director of CJSC "Abrau-Durso" - Parkhomenko Julia Viktorovna .

The company produces sparkling wines in a classic way and in an accelerated way, and the vast majority of products are produced in an accelerated way (16.5 million bottles of sparkling wines were produced in 2011, of which about 1 million bottles were produced in a classic way) ^[9] .

The company's revenue in 2011 amounted to 2.7 billion rubles. (including VAT and excise taxes), which is 32% more than in 2010; net profit in 2011 amounted to 538.4 million rubles. (208.8 million rubles in 2010) ^[9] .

In the categories of “premium” and “sub-premium”, “Abrau-Durso” is the only Russian company among the three leaders (based on 2007 results). The company's share in the premium segment is 14% (in value terms, data from Business Analytics) ^[5] . Abrau-Durso is the most famous Russian brand of champagne in the premium segment. The leading brands in the subpremium (150-300 rubles for 0.75 liters) and premium (more than 300 rubles for 0.75 liters) segments were two brands of the Abrau-Durso company - Ah, Abrau! And Yubileinoe respectively ^[10] .

The Millesim

• Millezim 1971
• Millezim 1980
• Millezim 1983
• Millezim 1984
• Millezim 1985
• Millezim 1989
• Millezim 1998
• Millezim 2001
• Millezim 2002 No. 30
• Millezim 2002 No. 36
• Millezim 2006 red

"Imperial"

• Imperial Vintage, brut
• Imperial Cuvee L`Art Noveau, Brut
• Imperial Cuvee Rose, Brut Pink

The Dravigny

• Dravigny, extra brut
• Draviny golden, brut
• Dravigny Brutus
• Dravigny red
• Dravigny, semi-dry
• Dravigny pink, brut

"Russian champagne"

• Russian champagne, brut
• Russian champagne, dry
• Russian champagne, semisweet

ABRAU

• Abrau sparkling semi-dry white
• Abrau sparkling semi-dry pink
• Abrau semi-sweet sparkling white
• Abrau semi-sweet sparkling red ^[11]

• Company official website
• Abrau-Durso should become champagne