Nyilas Cellars seeks to raise domestic profile
Hungary’s Nyilas Cellars, which exports about 70% of its output, is trying to strengthen its position on the domestic market, vintner László Babiczki said.
The winery, owned by Solybor and based in Gyöngyössólyom (NE Hungary), exports its wines mainly to Canada and the United States, but also makes deliveries to Germany, Italy, the Czech Republic and China, Babiczki said. The cellar is launching a new product family, dubbed "horoscope", targeted at Hungarian oenophiles, he added.
Solybor has annual net revenue of about HUF 600m. It turns out some 20,000 hectoliters of wine a year.
ADVERTISEMENT
KSH Dismisses Reports of Eurostat 'Investigation'
Hungarian-American Business Chamber Established in Chicago
SUPPORT THE BUDAPEST BUSINESS JOURNAL
Producing journalism that is worthy of the name is a costly business. For 27 years, the publishers, editors and reporters of the Budapest Business Journal have striven to bring you business news that works, information that you can trust, that is factual, accurate and presented without fear or favor.
Newspaper organizations across the globe have struggled to find a business model that allows them to continue to excel, without compromising their ability to perform. Most recently, some have experimented with the idea of involving their most important stakeholders, their readers.
We would like to offer that same opportunity to our readers. We would like to invite you to help us deliver the quality business journalism you require. Hit our Support the BBJ button and you can choose the how much and how often you send us your contributions.
