/Full Report URBA Generated on: 18th Aug 2025

Company

COMBINATUL DE VINURI CRICOVA S.A.
International Name: CRICOVA S.A.
Aliases: CRICOVA S.A.
Principal Address:
Petru Ungureanu 1
2084 Cricova
Chisinau
Moldova, Republic of
Telephone: +373-22-427777
Email: office@cricova.md; marketing@cricova.md
Web: www.cricova.md
ICON number: 85826040
Easy number: 00000384127322
National ID: 1003600086062
Tax number: 1003600086062
VAT number: 0600455
Date of Last Major Update:
05/06/2025

Summary

credit-score 2
Score
Credit Opinion
Group 2 Created with Sketch.
Legal events
Group 4 Created with Sketch.
Activity status
Active company
key-financials
Main activity
NACE 1102
Employees

Credit Information

According to available information sources the Company is not in a insolvency/preliminary/debt regulation proceeding.
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Researched company is categorized as a big company.
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Company Details

1952
Registration status: 1952 - Registered company
Activity status: 1952 - Active company
1952 - Registered company
No. 1003600086062
10/06/1999
Chisinau, Moldova, Republic of
1952 - Active company
Joint stock company
Nominal capital:   MDL 182.564.000,00
Changed from:   MDL 173.425.100,00 since 
    MDL 120.997.800,00 since 
 
Paid-up capital:   MDL 182.564.000,00
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Full Name Function Address
MASLO SORIN Director
Full Name Function Address Share equity capital
Agentia Proprietatii Publice pe langa Ministerul Economiei si Infrastructurii al Republicii Moldova Shareholder 100,00%
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CRICOVA S.A. is also functionary at the following companies
Shareholder:
- ÎNTREPRINDEREA MIXTĂ PODGORIA DUNĂRII S.R.L., IDNO: 1003600063391
FunctionCompany
Other known functions of  MASLO SORIN
Director COMBINATUL DE VINURI CRICOVA S.A. (MD)
National ID: CCE/393-281-136
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Key Data on Operations

NACE
  1102 Manufacture of wine from grape


Production and marketing of sparkling wines, high quality and collection wines.

Wine, grape
Wine, sparkling

Traded brands: Cricova


NACE codes given are based on the most recent NACE Revision 2.

The company is active in the Coface sector 'Agriculture, meat, agro food and wines'.
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Amounts shown in US Dollar (USD)
  2023 2022 2021 2020
Turnover 19.481.535 19.054.562 16.699.926 13.977.356
Fixed assets 16.892.966 16.612.780 18.659.049 19.428.271
Equity capital 18.747.890 16.996.450 17.817.730 17.957.783
Profit after taxation 1.467.765 579.558 509.999 200.391
Operating result - profit 1.235.914 484.310 482.564 260.686

  2023 2022 2021 2020
Return on assets ( ROA ), in % 4,03 1,70 1,46 0,55
Return on equity ( ROE ), in % 7,83 3,41 2,86 1,12

Return on assets ( ROA ), in % Net profit / Total assets *100
Return on equity ( ROE ), in % Net profit / Shareholder equity *100
Turnover vs. Operating result - profit (USD - Thousand)TurnoverOperating result - profit202020212022202305,00010,00015,00020,000
Fixed assets / Current assets (USD - Thousand)Fixed assetsCurrent assets202020212022202316500170001750018000185001900019500
Return on assets ( ROA ), in % vs. Return on equity ( ROE ), in %Return on assets ( ROA ), in %Return on equity ( ROE ), in %2020202120222023012345678
  2019
Total workforce 614



Number of Employees:
2017 - 535
2018 - 542
2019 - 614
2020 - 501
2021 - 522
2022 - 527
2023 - 572
2023 - 614
Kazakhstan, Belarus, Ukraine, Romania, United States of America, China, Thailand, Vietnam, Czech Republic, Belgium, Germany, Israel, Poland
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0151 OR.CRICOVA 0001 - STR.UNGUREANU 1,CANTEMIR 1,MINERILOR 34,CHISINAU 124,124A (production section);
0151 OR.CRICOVA 0001 - mun. Chisinau, or. Cricova, str. Ungureanu, 1. (land with agricultural destination);
0155 S.GRATIESTI 0001 - mun. Chisinau, com. Gratiesti (land with agricultural destination);
1701 OR.CAHUL 0002 - OR.CAHUL, STR.ST.CEL MARE,112/3(production section);
1731 S.LUCESTI 0002 - S.LUCESTI (other units, land with agricultural destination);
9417 S.GAVANOASA 0002 - S.GAVANOASA (land plot, land with agricultural destination);
3101 OR.CRIULENI 0005 - STR. ORHEI 57 (other units);
3101 OR.CRIULENI 0005 - r-l Criuleni, or. Criuleni (land with agricultural destination);
0150 SEC.RISCANI 0006 - PETRICANI 25, 19/5 (production section);
0151 OR.CRICOVA 0016 - mun.Chisinau,str.P.Ungureanu,1 (store);
3147 S.PASCANI 0018 - r-l Crileni, com. Pascani (land plot);
3147 S.PASCANI 0018 - r-l Criuleni, com Pascani (land with agricultural destination);
8015 S.COJUSNA 0021 - r-l Straseni, s. Cojusna, str. Revaz Lomtadze,4 (production section);
0300 MUN.BALTI 0022 - mun. Balti, str. Victoriei, 49 (production section);
Satisfactory business development
Registered office:
Petru Ungureanu 1
2084 Cricova, Chisinau
Chisinau
Moldova, Republic of
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Financial Information

Amounts shown in US Dollar (USD)  2023   2022   2021   2020




BALANCE SHEET
  FIXED ASSETS 16.892.966 +1,69% 16.612.780 -10,97% 18.659.049 -3,96% 19.428.271
  Tangible assets 15.449.007 +1,39% 15.236.695 -11,34% 17.186.184 -4,21% 17.941.369
  Financial fixed assets 1.375.857 +4,07% 1.322.046 -6,46% 1.413.353 -2,05% 1.442.884
  CURRENT ASSETS 19.511.768 +12,03% 17.416.898 +6,68% 16.325.829 -2,42% 16.731.000
  Inventory 10.766.048 +19,64% 8.998.841 -0,07% 9.005.463 +10,80% 8.127.372
  Claims (receivable) 8.712.765 +3,63% 8.407.439 +14,94% 7.314.325 -14,78% 8.583.155
  Liquid assets 32.955 +210,39% 10.617 +75,78% 6.040 -70,50% 20.473
  TOTAL ASSETS 36.404.734 +6,98% 34.029.678 -2,73% 34.984.877 -3,25% 36.159.272
  EQUITY CAPITAL 18.747.890 +10,30% 16.996.450 -4,61% 17.817.730 -0,78% 17.957.783
  Share capital 10.050.925 +4,07% 9.657.836 -6,46% 10.324.850 -2,05% 10.540.586
  Subscribed and paid capital 10.050.925 +4,07% 9.657.836 -6,46% 10.324.850 -2,05% 10.540.586
  SHORT-TERM LIABILITIES 16.349.908 -0,44% 16.422.415 +8,77% 15.097.862 +21,38% 12.438.427
  Long-term liabilities 696.461 +2.776,41% 24.213 -98,30% 1.421.977 -72,37% 5.146.385
  TOTAL DEBTS 17.046.369 +3,65% 16.446.628 -0,44% 16.519.839 -6,06% 17.584.812
  PROVISIONS FOR RISKS AND CHARGES 610.474 +4,07% 586.599 -9,38% 647.308 +4,97% 616.677
  Total capital 18.747.890 +10,30% 16.996.450 -4,61% 17.817.730  
  TOTAL EQUITY AND LIABILITIES 36.404.734 +6,98% 34.029.678 -2,73% 34.984.877 -3,25% 36.159.272




PROFIT AND LOSS
  Turnover 19.481.535 +2,24% 19.054.562 +14,10% 16.699.926 +19,48% 13.977.356
  Operating result - profit 1.235.914 +155,19% 484.310 +0,36% 482.564 +85,11% 260.686
  Operating result - loss 0 0 0 0
  Profit before taxation 1.697.705 +148,17% 684.096 +12,21% 609.682 +144,38% 249.485
  Loss before taxation 0 0 0 0
  Profit after taxation 1.467.765 +153,26% 579.558 +13,64% 509.999 +154,50% 200.391
  Loss after taxation 0 0 0 0
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  2023 2022 2021 2020
Debt Ratio, in % 46,82 48,33 47,22 48,63
Quick ratio 0,53 0,51 0,48 0,69
Current ratio ( CR ) 1,19 1,06 1,08 1,35
Leverage 0,04 0,00 0,08 0,29
Return on sales ( ROS ), in % 7,53 3,04 3,05 1,43
Return on assets ( ROA ), in % 4,03 1,70 1,46 0,55
Return on equity ( ROE ), in % 7,83 3,41 2,86 1,12
Operating margin, in % 6,34 2,54 2,89 1,87
Days supply in inventory, days 201,71 172,38 196,83 212,24
Days sales in receivables, days 163,24 161,05 159,86 224,14
Days purchase in payables, days 306,33 314,58 329,98 324,81
Sales to Total Assets 0,54 0,56 0,48 0,39
Operating result / Total assets 0,03 0,01 0,01 0,01
Cash ratio 0,00 0,00 0,00 0,00
Equity as % of total assets 51,50 49,95 50,93 49,66
Fixed assets as % of total assets 46,40 48,82 53,33 53,73
Receivables as % of current assets 44,65 48,27 44,80 51,30
Net working capital USD 3.161.859,95 USD 994.482,42 USD 1.227.966,29 USD 4.292.573,37
Equity/Turnover (%) 96,23 89,20 106,69 128,48
Debt-to-equity ratio 0,91 0,97 0,93 0,98
Fixed Assets Turnover 1,15 1,15 0,90 0,72
Current Assets Turnover 1,00 1,09 1,02 0,84
Inventories/Turnover (%) 55,26 47,23 53,93 58,15

Debt Ratio, in % (Short-term liabilities + Long-term liabilities) / Total Assets *100
Quick ratio (Current assets - Inventory)/Current liabilities
Current ratio ( CR ) Current assets / Current liabilities
Leverage Amounts payable and liabilities / Equity
Return on sales ( ROS ), in % Net profit / Turnover *100
Return on assets ( ROA ), in % Net profit / Total assets *100
Return on equity ( ROE ), in % Net profit / Shareholder equity *100
Operating margin, in % Operating result / Sales *100
Days supply in inventory, days (Inventory / Turnover) * No. of days in period
Days sales in receivables, days (Receivables / Turnover) * No. of days in period
Days purchase in payables, days (Current Liabilities / Turnover) * No. of days in period
Sales to Total Assets Sales / Total assets
Operating result / Total assets Operating result / Total assets
Cash ratio Cash / Current liabilities
Equity as % of total assets (Equity capital / Total Assets) * 100
Fixed assets as % of total assets (Fixed assests / Total assets) * 100
Receivables as % of current assets (Receivables / Current assets) * 100
Net working capital Current assets - Short-term liabilities
Equity/Turnover (%) Equity/Turnover * 100
Debt-to-equity ratio (Short-term liabilities + Long-term liabilities) / Capital and reserves total
Fixed Assets Turnover Turnover / Fixed Assets
Current Assets Turnover Turnover / Current Assets
Inventories/Turnover (%) (Inventory / Turnover) * 100
Current ratio ( CR )CompanySector20202021202220230 0,25 0,5 0,75 1 1,25 1,5 1,75 2 2,25 1,35 1,08 1,06 1,19 2,24
Return on sales ( ROS ), in %CompanySector20202021202220230 1 2 3 4 5 6 7 8 1,43 3,05 3,04 7,53 5,34
Debt Ratio, in %CompanySector20202021202220230 10 20 30 40 50 60 70 48,63 47,22 48,33 46,82 64,6
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Financial values have been converted to USD.
Find below the exchange rates used for the listed financial dates:
2020: 1 USD = 17,32 MDL (yearly average rate 2020)
2021: 1 USD = 17,68 MDL (yearly average rate 2021)
2022: 1 USD = 18,90 MDL (yearly average rate 2022)
2023: 1 USD = 18,16 MDL (yearly average rate 2023)
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Source of financial statements: National Bureau of Statistics of the Republic of Moldova.


Moldova-Agroindbank

2025: 1,0988 EUR = 1 USD
2024: 0,9208 EUR = 1 USD
2023: 0,9239 EUR = 1 USD
2022: 0,9372 EUR = 1 USD
2021: 0,8455 EUR = 1 USD
2020: 0,8626 EUR = 1 USD
2019: 0,8933 EUR = 1 USD
2023: 1,1496 EUR = 1 GBP
2022: 1,1727 EUR = 1 GBP
2021: 1,1633 EUR = 1 GBP
2020: 1,124 EUR = 1 GBP
2019: 1,1392 EUR = 1 GBP
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Additional Information

The company has been contacted in order to provide us additional information, but there is no reply from their side until now.


Used as EasySource: 0
Trials records: According to the Ministry of Justice there are no opened files on the main Court regarding summon for payment/payment ordinance for the subject company registered.
Press Releases: There is no relevant media information regarding the subject company.
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Codes and Definitions

Credit Assessment
10Excellent risk
9Very low risk
8Low risk
7Moderate risk
6Acceptable risk
5Medium high risk
4Significant risk
3High risk
2Very high risk of insolvency
1Extremely high risk of insolvency
0Insolvency/preliminary/debt regulation proceedings
99Risk assessment currently not possible
Company Development
0Development cannot be determined by outside parties
12Due to the company’s current situation the company development cannot be determined
15On account of the information about insolvency/preliminary/debt regulation proceedings, Coface Central Europe is not in a position to give a final assessment about the company development at this time.
100Very positive business development
150Expansive business development
200Positive business development
300Satisfactory business development
350Slightly declining business development
400Declining business development
500Rapidly declining business development
600Questionable declining business development
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Order Details

Customer: TestBDC

Order number: 5931267
Delivery speed: Immediate
Language: English
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