Russian River Vineyards Consolidates Ownership

 Giovanni Balistreri (Gio), Russian River Vineyards Winemaker and General Manager, and a small team of financial backers have purchased Russian River Vineyards from the large partner group that has owned the business since 2008. Balistreri, an original RRV partner, has invigorated the business, built a strong operating team, and expanded sales and distribution since becoming General Manager in 2019.

In the fall of 2008, the historic estate was purchased by Giovanni Balistreri, famed Pinot Noir winemaker Anthony Austin, Chris O’Neill and over 40+ other investors and partners.

“Having just a handful of owners and a simpler management structure now makes it easier for me to focus on the wine and on growing the business,” says Gio.

RRV is in the heart of the Russian River Valley and has been renowned for making award-winning single vineyard artisanal Pinot Noirs, Chardonnays, and other classic varietals since its inception in 1963.

Most recently, Russian River Vineyards has won “Best Pinot Noir” in NorthBay Biz’s annual “Best Of the North Bay” readers’ poll for the second time and won Best Tasting Room and Best White Wine in the 2022 Press Democrat Reader’s Poll.

Anthony Austin, an original founder, and consulting winemaker will remain as an advisor to Balistreri and Russian River Vineyards.

Russian River Vineyards

Reed Shelly



Microsoft Word version of the press release


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An Update on our Russian operations


The following message was shared with Coca-Cola HBC employees regarding our operations in Russia

Dear colleagues,

I write to update you on the future shape of our business in Russia.

As we indicated in our Q1 trading update, we are making significant changes to our Russian operations in response to the ongoing geopolitical crisis.

In close alignment with The Coca-Cola Company, we have stopped all production and sales of brands of The Coca-Cola Company in Russia. There are no plans to reintroduce The Coca-Cola Company brands or products in any format.

Going forward, we intend to have a much smaller operation in Russia which has been renamed Multon Partners. This will focus on the production and sale of existing local brands – Dobry, Rich and Moya Semya – and raw materials will be sourced from within the market. It will be managed and operated locally.

Over the coming months, Multon Partners will consider how best to establish itself, which may include some extensions of existing local brands, however no plans have been finalised.   

We continue to support our colleagues and their communities in Ukraine and neighbouring countries however we can; through individual donations, volunteering and the more than $18.5m donations committed by the Coca-Cola System globally.

We appreciate this is an incredibly challenging time for many of you and we want to thank you for your support during this period.

Zoran Bogdanovic,

CEO, Coca-Cola HBC

Siemens to wind down Russian business

, the company had around 303,000 employees worldwide. Further information is available on the Internet at

Notes and forward-looking statements

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FIFA/UEFA suspend Russian clubs and national teams from all competitions

All Russian clubs and national teams are suspended from participation in both FIFA and UEFA competitions until further notice.


Following the initial decisions adopted by the FIFA Council and the UEFA Executive Committee, which envisaged the adoption of additional measures, FIFA and UEFA have today decided together that all Russian teams, whether national representative teams or club teams, shall be suspended from participation in both FIFA and UEFA competitions until further notice.

These decisions were adopted today by the Bureau of the FIFA Council and the Executive Committee of UEFA, respectively the highest decision-making bodies of both institutions on such urgent matters.

Football is fully united here and in full solidarity with all the people affected in Ukraine. Both Presidents hope that the situation in Ukraine will improve significantly and rapidly so that football can again be a vector for unity and peace amongst people.