As Poslovni Dnevnik writes, last year, 254 Croatian winemakers were in operation across the country, with a consolidated net loss of 53.5 million kuna, almost five times more than the year before, as Fina data published on Thursday showed. Last year, these same Croatian winemakers generated 529.1 million kuna in revenue, which is a decrease of 21.1 percent. At the same time, expenditures fell by 14.8 percent down to 580.3 million kuna.
Their profit for the period last year amounted to 21.8 million kuna, which is 51 percent less than the year before, while losses amounted to 75.2 million kuna (+35.1 percent).
At the same time, 131 or 51.6 percent of Croatian winemakers made a profit, the rest could only calculate their losses. This means that Croatian winemakers, as the latest Fina data shows, ended up with a negative consolidated financial result of 53.5 million kuna, which is almost five times more than in 2019, when it stood at just 11.3 million kuna.
Fina’s data also highlights the fact that in 2020, a positive trade balance of 11.8 million kuna was achieved in the production of wine from grapes. Imports decreased by 8.6 percent, to 14.1 million kuna and exports dropped by 4.1 percent, down to 25.9 million kuna.
These enterprises, as it is stated, employed 1223 workers, which is 2.1 percent less than back in pre-pandemic 2019. Among 254 enterprises engaged in the production of wine from grapes, the highest total revenues were generated by Agrolaguna from Porec in Istria, in the amount of 92.3 million kuna.
In the activity of grape growing itself, ie grape production throughout 2020, there were 119 enterprises with 868 employees. They ended up with a negative financial result of 42.7 million kuna, unlike the year before when they made a profit of 28.3 million kuna.
Of the total number of enterprises engaged in the Croatian grape growing business, 63 percent were profitable. The total realised income of those involved in grape production last year amounted to 354.3 million kuna, which is a decrease of 18.7 percent. Total expenditures decreased by 2 percent, down to 395.4 million kuna.
Last year, the profit of grape producers decreased by 61.9 percent, to 16.3 million kuna, while the loss for the period was four times higher than it was back in 2019 and amounted to 59.1 million kuna.
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