Catalan group Codorniu is planning to speed up their growth in the Asian markets, where the potential for expansion is higher. The family-run company that produces wines and cavas is preparing the establishment of a new subsidiary company in Singapore, that will add to the already existing delegations in China and Japan. Despite the growth of the Asian markets, they only provide a small portion of Codorniu's exports, being the leader markets Europa, North America and Latin America. Total sales of the Codorniu group have grown up by 2,6%, reaching 235 million euros.
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General view of a cava for the production of cava wine (Image from Codorniu website)[/caption]
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