Acta Univ. Agric. Silvic. Mendelianae Brun. 2012, 60, 181-188

https://doi.org/10.11118/actaun201260020181
Published online 2013-10-03

Reasonability of wine investment in the Czech Republic

Tomáš Lintner

Ugartova 327/6, 669 04 Znojmo–Přímětice, Česká republika

The paper deals with the validity of bottled wine investment commited in the Czech Republic. The Agrarian sector of the Czech Republic went during last 20 years through several key changes. After the transformation process its facing the external competitive condition of the globalizing world, especially the one of the European Union common market. One of the Czech Agrarian branch, its wine sector, might play a positive role for the whole „industry“ in future. At presence, there is an increasing trend of the volume of wine investment made not only on local market, but across the whole world as well. All crucial factors such as purchase, storage, ageing a saling process must be properly considered and evaluated. It deals with the principles of wine investment, revenue, risk of purchase and storage of the bottled wine including its liquidity. The process of choice of the appropriate wine for aging is outlined. It shows all possible complications and an approach to the regular investor. This paper using a critical overview on the actual publically spread opinion that the wine investment is a great opportunity compared to the others. The issue is whether to recommend an investment into bottled wine in respect of local market conditions.

References

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