Notable Russian billionairies are expanding into the EU wine market through the purchase of elite vineyards in well-known wine-making regions of the continent, according to a recent report from the Russian Ministry of Agriculture.
Several days ago Konstantin Nikolayev, a well-known Russian businessman and head of the Russian transport holding N-Trans, completed a deal for the purchase of the La Madonnina, a winey located in the Tuscan region of Bolgheri, along the Mediterranean coast.
Read more at Russians investing in European vineyards
