Bohemia Sekt has a dominant position in the field of sparkling wine production
Article Abstract:
Bohemia Sekt, Ceskomoravska vinarska (BSCV) (Stary Plzenec, Czech Republic), wine company, will focus only on sparkling wine production from 2001. Its still wine production will be transferred to the vine company Vino Mikulov (VM) (Mikulov, Czech Republic), in which BSCV holds a 74.12% stake. BSCV has a 75% dominant share on the sparkling wine market and nearly a 25% share on the still wine market in the Czech Republic. BSCV is the parent firm of the wine group Bohemia Sekt (Czech Republic), which saw a preliminary economic result of nearly CEK 130 mil in 2000. The result was positively influenced by record sparkling wine sales in Dec 2000 and the return of consumers to expensive wine brands.
Publication Name: Ekonom-Tydenik Hospodarskych Novin
Subject: Business, international
ISSN:
Year: 2001
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Wine production pays off
Article Abstract:
Czech Republic: About 67,100 t of grapes were harvested in 1999. The average 1999 yield was 6.04 t per hectare. The average yield was 5.54 t of grapes per hectare during 1991-1998. There are vineyards with an area of about 11,500 ha in the Czech Republic in 1999. Wine consumption increased by 1 lt per head and year to 17 lt per head an year in the Czech Republic in 1999 compared to 1998. The number of specialized wine and vintage wine shops is increasing in the Czech Republic in spite of the fact that the majority of consumers purchase wines in supermarkets.
Publication Name: Ekonom-Tydenik Hospodarskych Novin
Subject: Business, international
ISSN:
Year: 2000
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The domestic wine sector with a subsidy from the EU
Article Abstract:
Czech Republic: The Czech wine sector received a subsidy of CEK 23.5 mil, EUR 650,000, from the programme Phare of the European Union in 2000. More than CEK 3.6 mil of the sum was spent on the building of 43 meteorological stations for the signalling of the occurence of diseases and vermin. CEK 2.9 mil were invested in promotion including the construction of the National Wine Centre in Valtice. CEK 1.2 mil were reserved for the building of vineyard paths.
Publication Name: Ekonom-Tydenik Hospodarskych Novin
Subject: Business, international
ISSN:
Year: 2000
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