The world’s best wine producing areas are in the greatest trouble
This year as little wine was produced in the world as in 1961 – the Paris-based Organization of Vine and Wine (OIV) announced.
The downturn is mainly due to bad weather conditions, and the best wine-producing areas in the world may require years to reach the production levels before.
Global wine production this year has dropped by about 8 percent compared to last year. According to the data of OIV, this year a total of 246.7 million hectoliters of wine is produced by producers. (origo)
Related news
Summer-kick-off wine and champagne festival on Szabadság Square
The highly successful Wine & Sparkling Wine Festival and Junibor…
Read more >Current developments could determine the future of winemaking for decades
The future of Hungarian winemaking may be determined for decades…
Read more >Wine promotion support helps domestic producers access the market
A program to promote Hungarian wines domestically and abroad will…
Read more >Related news
Interest discount on green loans
The popular green home loan will be even more favorable…
Read more >Recent survey: Fear of rejection is crippling businesses
A recent survey found that 33 percent of businesses cite…
Read more >Alibaba’s quarterly profit increases significantly
Chinese e-commerce giant Alibaba Group Holding reported a sharp rise…
Read more >