No.1 Croatian winemaker by revenue revealed 

No.1 Croatian winemaker by revenue revealed

ZAGREB, 13 Nov (Hina) – A total of 264 winemakers operated in Croatia in 2021 and they generated a consolidated net profit of HRK 8.7 million, the Financial Agency (FINA) reported on Friday.

In 2020, there were 254 winemaking businesses and they generated a consolidated net loss of HRK 53.5 million, nearly five times more than in 2019, when the net loss amounted to HRK 11.3 million.

Thus, 2021 saw a recovery in this sector, and winemakers had HRK 737.8 million in revenues, up 39% from 2020, while their expenditures increased 24.8% to HRK 724.2 million.

Those 264 companies whose core business was the production of grape wines employed 1,246 workers in 2021, or 1.4% more than in the year before.

Their average net salary was HRK 5,485 per month, or 6.4% more on the year. However, this pay was by 13.6% lower than the average monthly pay in Croatia last year (HRK 6,350).

In terms of the total revenues, the top performer was the Poreč-based Agrolaguna, who are behind the Vina Laguna brand (HRK 126.6 million).

The Đakovačka Vina company ranked second with HRK 40.8 million in revenues, and it was followed by the Šibenik-based Vinoplod-Vinarija (HRK 31.8 million).

Wine-grape growers

Data from FINA show there was a total of 119 businesses operating in the production of grapes in 2021, and they employed 820 workers. Wine growers posted a positive financial result of HRK 27.6 million compared to 2020, when they generated a net loss of HRK 45.1 million.