The profit of wineries has decreased
Four years ago, companies dealing with the production of grape wine had billions of HUF losses, but last year, the sector gained minimal profits – Világgazdaság Online wrote.
Last year, 850 companies dealt with the production of grape wine in Hungary, with a total turnover of 107.4 billion forints. According to the data of the National Register of Companies, twenty-six fewer enterprises than in 2016 achieved 4.5 billion forints turnover, the average revenue per winery jumped from 117.4 to 126.3 million forints. (vg.hu)
Related news
This could be the reason for the dramatic decline in red wine consumption
In recent years, there has been a noticeable decline in…
Read more >The PTE Viticulture and Enology Research Institute has renewed its machinery and winemaking equipment
The University of Pécs Viticulture and Enology Research Institute (PTE…
Read more >ALDI Launches Supermarket First Own-Label Aluminium Wine Bottle for Just £5.99
Aldi is toasting to a greener future with the launch…
Read more >Related news
You can still save, but not on all margin-stopped products
Although the effect of the Hungarian price caps is starting…
Read more >More than 13 tons of donations were collected at the joint Easter campaign of NOE and CBA
More than 13 tons of donations were collected during the…
Read more >Frosty spring, severe damage: fruit harvest could collapse in 2025
The April frosts caused serious damage to Hungarian fruit production:…
Read more >