- Advert ID: 648245
Vineyards in North-East Bulgaria For Sale
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Summary
- Asking price:
- $500k -1m
- Sales revenue:
- Available on request
- Net profit:
- Available on request
Business description
The company is a registered agricultural producer and member of The National Vine and Wine Chamber. Its main products are grape, durum and fruits from the fruit orchard. The vineyards are situated in the North-Eastern part of Bulgaria - Suvorovo town, Varna district and Kardam village, General Toshevo district.
Property information
- Location:
- The vineyards are situated in the North-Eastern part of Bulgaria - Suvorovo town, Varna district and Kardam village, General Toshevo district.
Other information
- Expansion potential:
- Strenghts:
1. Until May 25th, 2008 the company has no public liabilities and liabilities to its suppliers.
2. As a registered agricultural producer the company has ability to gain subsidies from the EU funds for conversion of wine vineyards. For the first time in February 2008, were allotted 18 000 000 EUR subsidies, as the subsidy per decare varies from 700-800 lv. (357 EUR – 409 EUR) for eradication and up to 4000-5000 lv. (2045-2556 EUR) for re-planting.
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