Törley turnover expected to rise in 2021


Image by Shutterstock.com

The 2021 turnover of Hungarian sparkling winemaker Törley Pezsgőpincészet is expected to be higher than a year before, although sales volume will still be under pre-crisis levels, managing director Gábor Csekei said in an interview published in leading business daily Világgazdaság.

"We work in a pretty special business sector [...] a big part of consumption is concentrated around the last few weeks of the year. So I can't offer exact data, but it does appear that our turnover will grow compared to last year. Sales were up 4% at the end of November [...] and we hope that surplus will grow further in December," Csekei told the paper last Friday.

He said sales volume would probably reach 19 million bottles of sparkling wine and 12 mln-13 mln bottles of wine, under the turnover in 2019 but above sales in 2020. He noted that 60-65% of sparkling wine consumed in Hungary is drunk around the Christmas and New Year holidays.

"That's not the case in many other countries in Europe, and we're trying to change that [in Hungary], too, while acknowledging the importance of maintaining the celebratory status of sparkling wine," he said.

Csekei said Törley exports about 30% of its sparkling wine to 30 countries on five continents.


POPIHN Raises Forecast for Fuel Consumption Energy Trade

POPIHN Raises Forecast for Fuel Consumption

Hungarian Lawmakers Ratify Finland's NATO Accession Parliament

Hungarian Lawmakers Ratify Finland's NATO Accession

Nolato Partners With Happy at Work HR

Nolato Partners With Happy at Work

Sümeg Castle Reopens History

Sümeg Castle Reopens


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.