• Home
• Channel: Food & Drink
• Hungarian Bock Winery Invests In 1.6 Billion Expansion

Hungarian Bock Winery Invests In 1.6 Billion Expansion

• 15 Jul 2019 8:01 AM
• Hungary Around the Clock

The Bock Winery will invest Ft 1.6 billion by the end of 2020 to expand its portfolio, bringing new premium quality wine and grape juice to the market as well as cold-dried fruit products, the Villány-based company announced.

The company will use Ft 650 million in grants and will take out a Ft 670 million loan for the project.

As part of the investment, a new plant of over 3,700m2 will be built in Villány.

The Bock Winery with equity of Ft 2.5 billion and a staff of 40, realised a Ft 146 million post-tax profit on revenue of Ft 1.3 billion last year.

• How does this content make you feel?
• I love it
• I like it
• I dislike it

• Bock Winery Villány

XpatLoop Media Partner

Hungary Around the Clock

Since 1995 Hungary Around the Clock has proven to be one of the most comprehensive sources of daily English-language news about Hungary. It covers ongoing domestic politics and foreign relations, as well as business and economic matters. For a free trial of HATC visit www.hatc.hu and click on 'Free Trial Subscription’.

Explore More Reports

Top Wines Unveiled at Leading Hungarian National Wine Competition

• 31 Jul 2024 5:23 PM

The 43rd edition of the most significant contest in Hungary for Hungarian wines received 897 samples from 230 wineries from all the 22 wine regions around the whole country. Here’s a quick intro to the top wines winners.



Top 7 Wine Areas of Hungary

• 10 Oct 2023 6:08 AM

Home of Tokaji, celebrated for its reds by the Romans, Hungary has seen a revolution in its wine industry, with independent producers from Badacsony to Zala winning awards.



Pannon Wine Picnic, Tata, 9-10 September

• 7 Sep 2023 4:00 PM

Hungary’s only two-Michelin-star restaurant outside Budapest, Platán will host 26 other renowned restaurants, confectioneries and bakeries at the Pannon Wine Picnic, which brings the country’s provincial culinary big hitters to the fore over two days.



Hungarian Red Wine from Villány Wins at Prestigious Competition

• 1 Sep 2023 11:16 AM

The 2016 Cabernet Sauvignon from Bodor Winery in Villány was chosen as Hungary’s best red wine out of almost 840 entries at one of the world’s most prestigious wine competitions, reports Origo.