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THE PRICE OF ABRAU-DYURSO SHARES ROSE AFTER SUSPENSION OF SUPPLIES OF MOET HENNESSY SPARKLING WINE

The shares of the Abrau-Dyurso sparkling wine factory rose by 7.7% after news of the suspension of supplies of the French production of Moet Hennessy due to the changes in Russian legislation. Earlier, Moet Hennessy announced a temporary stop in the supplies of products to Russia - the manufacturer needs to change the inscriptions on the labels. The fact is that the notion of ‘champagne’ can now be used only in relation to Russian alcoholic beverages. Moet Hennessy will have to label its products...

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