Germany’s economic hangover hits historic winery
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The Kloster Pforta winery has suffered multi-million-euro losses since 2020 amid a wider German wine slump driven by falling consumption and cheaper foreign imports
The Landesweingut Kloster Pforta, one of Germany’s oldest wineries, faces insolvency by 2027, according to an expert report commissioned by the state government. Its troubles, from an unsustainable business model to high staffing costs, come amid a wider German wine slump driven
The Landesweingut Kloster Pforta, one of Germany’s oldest wineries, faces insolvency by 2027, according to an expert report commissioned by the state government. Its troubles, from an unsustainable business model to high staffing costs, come amid a wider German wine slump driven
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