Wineries not dare to improve

Wineries’ planned investments of this year can fail. Banks cut back on their lending activities due to the crisis, so capital poor wineries will not have excess despite having successful applications.

But there is a great need for a loan, because the wineries are mainly financed their developments, from loans, beside applications. The improvements would be very necessary, because the money applied primarily for technology investment to increase the international competitiveness of Hungarian wine industry – reports Világgazdaság Online.