The Tokaj Trading House has increased its grape buying prices
This year, the state-owned Tokaj Trading House Ltd., pays more for grapes to the farmers. Major technological developments began at the company, and the unique soil site and plantation mensuration is completed – was said at the company’s press event on Wednesday in Tolcsva.
According to the public business listings, the Tokaj Trading House’s net sales revenue was 2 billion HUF last year, after the 3.8 billion HUF of 2013. The company's equity increased to 6.7 billion HUF from 5.5 billion HUF, while its balance sheet loss rose from 551 million HUF to 1,786 billion HUF. The amount of the company's liabilities in 2014 decreased to 567 million HUF from the almost 2.2 billion HUF of 2013. (MTI)
Related news
Grand Tokaj Zrt. would produce higher quality wines
Grand Tokaj Zrt. should focus on producing wines of higher…
Read more >Leaving the negative period behind
According to the data by IWSR, 2.57 million hectolitres of…
Read more >This year’s Wine Producer of the Year will be selected from among them
The nomination phase for the 2024 Wine Producer of the…
Read more >Related news
Mondelēz’s BelVita launches energy snack bites
The offering is being marketed by the food giant as a…
Read more >Eurozone economy stagnated in the fourth quarter
Contrary to analysts’ expectations, the eurozone economy stagnated in the…
Read more >Márton Nagy: the turning point is here, the Hungarian economy will shift to a higher growth path in 2025
According to the Central Statistical Office, the economy grew by…
Read more >