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N. Macedonia's Tikves invests 4.2 mln euro in new wine bottling line

Jun 24, 2024, 3:33:55 PMArticle by Dragana Petrushevska
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June 24 (SeeNews) - North Macedonia's wine producer Tikves [MSE:TKVS] said on Monday it invested 4.2 million euro ($4.5 million) in a new digitalized automatic line for filling wine in glass packaging.

N. Macedonia's Tikves invests 4.2 mln euro in new wine bottling line
Author: Tikves. Licence: All Rights Reserved.

The new automatic wine filling line, with a capacity of 12,000 bottles per hour, will enhance quality and speed up the process to meet domestic and international market demands, Tikves said in a filing with the Skopje bourse.

The company's shares last traded on the Macedonian Stock Exchange at an average price of 6,699 denars ($116.6/108.7 euro) on May 31.

($ = 0.932 euro)

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