Wine exports lift Danubiana revenue to EUR 11.5m
Hungarian vintner Danubiana’s net revenue rose by a little more than EUR 3m to EUR 11.5m last year as the German-owned company sold more wine on export markets, managing director Gyozo Schmidt said. Danubiana sold 120,000 hectolitres of wine last year. About 90pc was sold on markets in Germany, the UK and overseas. The company sells mainly mid-priced wines in supermarkets. Mr Schmidt said Danubiana expected to keep its export prices unchanged this year, generating more revenue in 2014.
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