{"id":18929,"date":"2018-05-22T10:37:52","date_gmt":"2018-05-22T08:37:52","guid":{"rendered":"https:\/\/www.rimontgo.com\/info\/?p=18929"},"modified":"2023-03-08T14:10:31","modified_gmt":"2023-03-08T13:10:31","slug":"opportunity-investors-european-support-winemaking-sector","status":"publish","type":"post","link":"https:\/\/www.rimontgowineries.com\/blog\/opportunity-investors-european-support-winemaking-sector\/","title":{"rendered":"Unique opportunity for investors: European grants in the wine-making sector are renewed"},"content":{"rendered":"

The reformulation of the subsidies that Europe grants to wine-growers within the Support Programme for the period 2019-2023, encourages the purchase of winery assets<\/h2>\n

It\u2019s good news for investors interested in wineries<\/a> in Spain.\u00a0 The grants that the European Union<\/strong>\u00a0provides for the wine-making sector, and whose budget amounts to over 1,000 million euros, receives a very beneficial reformulation as a consequence of the enforcement of the third Spanish Support Programme to the Winemaking Sector<\/strong>\u00a0for the period of 2019 to 2023.\u00a0 In particular, the acceptable measures will be the promotion of wine in third world countries, the restructuring and conversion of vineyards, the distillation of by-products, and investments.<\/p>\n

This means that the restoration and transformation of the winery is added to the restoration and transformation of the vineyard, which encourages the purchase of assets<\/strong>. In the written draft by the European organisations, and approved by Spain through a Royal Decree<\/a>, it is established that financial support will be granted to the tangible or intangible investments<\/strong>\u00a0in facilities of transformation and wine infrastructure, but also in commercialisation structures and tools, even with the aim of improving energy savings<\/strong>\u00a0and sustainable processes. It corresponds to each Autonomous Community to summarise the implementation through its official newsletters, as has happened in Andaluc\u00eda<\/a>, Castile and Le\u00f3n and the Valencian Community<\/a>.<\/p>\n

The premise is that the investments will refer to the production or to the commercialisation<\/strong>\u00a0of the winegrowing products.\u00a0 It will not only help in the renovation of the vineyards, but also of the wineries themselves, where the processes of development and then the sale of the wine take place. The subsidy will affect a much broader business cycle<\/strong>, and will encourage its development, as well as the mobility and the buying and selling in the different regions.<\/p>\n

\"European<\/p>\n

The EU regulation establishes that the member States of the European Union, including Spain, must present a five-year Support Programme which contains at least some of the accessible measures<\/strong>\u00a0provided therein.\u00a0 Even though the National Support Programme for the period of 2014-2018 ends on 15th October 2018, Spain has already presented its programme in 2017 for the next season, which is the reason why now it has been able to announce the grants for the next four years, supplied with more than 1,000 million euros.\u00a0 The application submission deadline for those interested is the 31st January<\/strong>\u00a0of each year, except for the first announcement, which ended this past April 16th<\/strong>.<\/p>\n

To give more detail, the yearly budget of 210 million euros<\/strong>\u00a0will be distributed like so: 72.5 million euros for reorganisation and conversion of vineyards, 56 million euros for investment, 50 million for promotion in markets in third world countries, and 31.8 million euros for distillation of by-products.\u00a0 It should be remembered that Spain is the country with the largest surface area of vineyard in the world, with over 950,000 hectares<\/strong>.\u00a0 Furthermore, measures such as the promotion of the wine in third world countries will enable the marketer capacity to increase in a sector which exports a value of 2,700 million euros each year.<\/p>\n","protected":false},"excerpt":{"rendered":"

The reformulation of the subsidies that Europe grantsto wine-growers within the Support Programme for the period 2019-2023, encouragesthepurchase of winery assets.<\/p>\n","protected":false},"author":1,"featured_media":20004,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_mi_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0,"footnotes":""},"categories":[3082],"tags":[],"yoast_head":"\nGrants from Europe arrive to the winemaking sector | Rimontg\u00f3<\/title>\n<meta name=\"description\" content=\"The European grants provided to the winemaking sector are renovated which is a unique opportunity for investors interested in this market.\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" 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