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
EPR and DRS pose challenges for the Hungarian wine industry
The newly introduced Extended Producer Responsibility System (EPR) and the…
Read more >Decade-long partnership with Hungarian wineries
Promoting Hungarian products and export increasing activities have always been…
Read more >Challenges in the Hungarian Wine Industry: An In-Depth Analysis of the 2023 Fiscal Year
The Hungarian wine industry, facing years of declining sales, increased…
Read more >Related news
VOSZ Barometer – 2024. II. quarter: mandatory optimism or real growth?
The perception of inflation is still present in domestic companies,…
Read more >Fidelity: Three themes shaping investments in Q3
Has the post-epidemic normalization that we have been waiting for…
Read more >Large companies are resistant to economic uncertainty
Restrained expectations characterize the domestic corporate sector for the next…
Read more >