The support measures for the wine sector adopted today include increasing support for risk management tools such as harvest insurance and mutual funds, and extending the flexibility measures already in place until 15 October 2022. For the fruit and vegetable sector, support to producer organisations – usually calculated based on production value – will be compensated to not be lower than 85% of last year’s level.
Source: https://sommelier.bg/
December was a month of assessments and plans. December 2020, however, is, to put it mildly, different from previous years. For many companies in the wine business, including Sommelier.BG, the year was quite financially challenging as a result of Covid-19, which cancelled wine events, minimized the Horeca channel and slightly shifted trade to a lower price range. For better or worse, the year is over, but 2021 is coming, which already gives indications that it may be just as challenging.
Here are some trends that are expected in 2021