{"id":237175,"date":"2006-01-18T09:37:00","date_gmt":"2006-01-18T09:37:00","guid":{"rendered":"http:\/\/new.moldova.org\/2006\/01\/18\/kvint-halts-cognac-exports-to-russia-8354-eng\/"},"modified":"2006-01-18T09:37:00","modified_gmt":"2006-01-18T09:37:00","slug":"kvint-halts-cognac-exports-to-russia-8354-eng","status":"publish","type":"post","link":"https:\/\/www.moldova.org\/en\/kvint-halts-cognac-exports-to-russia-8354-eng\/","title":{"rendered":"Kvint halts cognac exports to Russia"},"content":{"rendered":"Reading Time: <\/span> 2<\/span> minutes<\/span><\/span>

\"\"The Tiraspol-based wine-cognac factory “Kvint” stopped the export of cognac to Russia through lack of excise stamps. <\/p>\n

According to Transdniestrian media, the deliveries to Russia were halted because Kvint does not have excise stamps the introduction of which is envisaged in the new version of the law about the state regulation of production and sale of ethyl alcohol and spirits that took effect in Russia on January 1, 2006. Besides, Kvint had no more old documentary stamps the period of validity of which was extended until March 1, 2006. On these grounds Kvint was forced to stop the deliveries to Russia. At the moment the company doe not work at full capacity and supplies its wine-cognac production only on the home market. <\/p>\n

Kvint ranges among the three largest exporters of Moldovan cognac to Russia. It accounts for about one quarter of the import of Moldovan cognacs into Russia. <\/p>\n

Last autumn many winemaking companies of Moldova faced problems as concerns the delivery of their production to Russia as they did not have excise stamps. The shortage followed a decision by Russia’s Federal Customs Service to extend the term of release of excise stamps up to 50 days in connection with the high demand for stamps before the coming into force of the law about the state regulation of production and sale of ethyl alcohol and spirits on January 1, 2006. Afterwards, most of the winemaking companies received the necessary number of stamps and resumed the export to Russia. Russia is the largest importer of Moldovan wine and cognac. It accounts for over 80% of the export of Moldovan wine and cognac. \/\/ Reporter.MD<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

Reading Time: <\/span> 2<\/span> minutes<\/span><\/span>The Tiraspol-based wine-cognac factory \u201cKvint\u201d stopped the export of cognac to Russia through lack of excise stamps. According to Transdniestrian media, the deliveries to Russia were halted because<\/p>\n","protected":false},"author":3,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[5],"tags":[],"class_list":["post-237175","post","type-post","status-publish","format-standard","hentry","category-economy"],"content_social_share":"Reading Time: <\/span> 2<\/span> minutes<\/span><\/span>

\"\"The Tiraspol-based wine-cognac factory “Kvint” stopped the export of cognac to Russia through lack of excise stamps. <\/p>\n

According to Transdniestrian media, the deliveries to Russia were halted because Kvint does not have excise stamps the introduction of which is envisaged in the new version of the law about the state regulation of production and sale of ethyl alcohol and spirits that took effect in Russia on January 1, 2006. Besides, Kvint had no more old documentary stamps the period of validity of which was extended until March 1, 2006. On these grounds Kvint was forced to stop the deliveries to Russia. At the moment the company doe not work at full capacity and supplies its wine-cognac production only on the home market. <\/p>\n

Kvint ranges among the three largest exporters of Moldovan cognac to Russia. It accounts for about one quarter of the import of Moldovan cognacs into Russia. <\/p>\n

Last autumn many winemaking companies of Moldova faced problems as concerns the delivery of their production to Russia as they did not have excise stamps. The shortage followed a decision by Russia’s Federal Customs Service to extend the term of release of excise stamps up to 50 days in connection with the high demand for stamps before the coming into force of the law about the state regulation of production and sale of ethyl alcohol and spirits on January 1, 2006. Afterwards, most of the winemaking companies received the necessary number of stamps and resumed the export to Russia. Russia is the largest importer of Moldovan wine and cognac. It accounts for over 80% of the export of Moldovan wine and cognac. \/\/ Reporter.MD<\/a><\/p>\n

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