The Vinalcool Arges joint-stock company was established in 1954, following an order issued by the Pitesti Local Council. Its aim was to develop the agricultural production (vines and fruit trees) of the local farms by producing and processing fruits and grapes and bottling the final products (tuica – wine).
The vine growing area of the company, as well as the wine factories, was located in the former departments of Dragasani, Draganesti and Topoloveni. The grapes which were processed in the factories came from the local people and, later on, from the collective farms. Another production unity was located in Horezu, Ramnicu Valcea, Vedea, Campulung, Curtea de Arges where the company distilled fruits from the collective farms.
The company also owned conditioning and bottling warehouses for wine and rakia in Pitesti, Dragasani and Ramnicu Valcea.
In 1968, following the administrative reorganization, food processing plants (bread, bear, wine, meat) and wine and alcoholic beverages factories were set up in the Arges county. Vinalcool Arges had its headquarters in Pitesti and operated five production unities. The fruits produced by the agricultural cooperatives and local farms from Vedea , Curtea de Arges, Domnesti, Campulung, Clucereasa and Topoloveni were processed in the distilleries located in Curtea de Arges, Campulung, Vedea, Clucereasa, Samara, Sapata, Mihaiesti. The reception and vinification centres were situated in the towns of Costesti and Topoloveni.
In 1969, a conditioning and bottling plant was set up in Pitesti. Its warehouses contained 400 truckloads of wine, between 50 and 60 truckloads of brandy and 50 truckloads of tuica. The entire range of products (wine, vermouth, brandy, spirituous liquors and tuica) was bottled in Pitesti. In 1972, the company took over the Topoloveni vinegar plant from the local industrial company. Along the years, the plant became the most important unity of production due to the fact that its products (vinegar, food extracts and mustard) were tax free. The refined alcohol plant was established in 1964 and it produced the raw material for vinegar. Currently, the company no longer performs bottling for tuica and spirituous liquors because of the implementation of high taxes.
Nowadays, our main objective is to further develop the vinegar plant by refurbishing the fermenting equipment, installing new bottling lines and improving the vinegar palletising system. The plant managed to raise the production with every year so that we envisage a production of 4 million litres by the end of the current tax year. In 2004, Sif Oltenia, the main shareholder of the company, sold its 52% stockholding to D.G.M International Pitesti. Following the purchase of other stocks on the stock market, D.G.M International Pitesti holds almost 90% of the stocks. The remaining stocks are held by individual entities.