HUF 1.5 billion expansion for Tokaj winemaker
State-owned winemaker Tokaj Kereskedőház laid the cornerstone of a HUF 1.5 billion expansion at its base in Tolcsva yesterday. The 60,000-hectolitre wine store and processing hall is the first phase of a larger development program, said supervisory board chairman András Tombor.
The owner of Tokaj Kereskedőház, the Hungarian National Asset Management Company (MNV), approved in September a HUF 1.5 billion capital raise at the company to serve a full-scale modernization.
Prime Minister's Office State Secretary János Lázár said the government would discuss by the end of November a Tokaj world heritage program that would support developments by the 27 local councils in the region.
The Tokaj wine-growing region is included among the UNESCO World Heritage List.
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.