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Tikveš: A Macedonian Wine Brand with Global Recognition and Continuous Growth

Tikveš generated MKD 3.73 billion in revenue in 2024 and continued winning prestigious international wine awards, strengthening the global reputation of Macedonian wines.

VV-Tikves AD confirmed its status as one of the most significant companies in the Macedonian food industry and one of the most recognizable export brands in the country in 2024. The company achieved total revenue of 3.73 billion denars, with an impressive growth of 14.78%, while profit before tax reached 296.7 million denars.

In the 2025 edition of the 200 Largest and Most Successful Companies in North Macedonia, Tikveš ranks 86th in terms of total revenue and 66th in terms of profit before tax. With 208 employees, the company is one of the key drivers of the domestic wine industry and a significant promoter of Macedonian wine in global markets.

Tikveš has been building an international reputation for years as the most trophy-winning winery in Southeast Europe, with an average of around 100 awards and recognitions per year. Its wines have been awarded at some of the world's most prestigious wine competitions, including the Decanter World Wine Awards, the International Wine Challenge and Mundus Vini.

Particularly notable are the successes of the wines "Barovo", "Bela Voda" and "Vranec – Luda Mara", which receive high marks and medals globally. The wines of "Tikveš" also received scores of 93, 94 and 95 points from the Robert Parker team and "The Wine Advocate", which is a rare success for a winery from Southeast Europe.

During 2025, Tikveš won numerous awards at international competitions in the UK, Germany, Austria, China and the region. Of particular note are the double gold medals for Vranec Luda Mara and Barovo Rose, as well as the platinum awards for Bela Voda Red and Barovo Red at the Wine Vision by Open Balkan competition.

The successes continued in 2026, when Tikves wines won gold and double gold medals at the Sakura Japan Women Awards, Mundus Vini and Vranec Selection by CMB. With this, the company further strengthened the position of Macedonian wine on the world wine scene.

The continuous growth of revenues, the development of premium wine lines and international recognition confirm the strategic orientation of "Tikves" towards quality, export and global recognition. The company remains one of the strongest ambassadors of the Macedonian wine industry and a significant part of the positive economic image of the country.

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Annual edition

The State Statistical Office greets the efforts and dedication of Euro Business Center Skopje, as patron of the publication “200 Largest and most successful”, for promoting the success of the largest and most successful companies in Republic of Macedonia. Presenting official statistical data and the actual economy situation in Republic of Macedonia is of particular importance for the readers of the publication. It is a confirmation for the importance of the statistics in bringing decisions based on relevant, quality, accurate and on-time statistical data.

STATE STATISTICAL OFFICE

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