| A winery? | | ~ € 6 million is required as an initial, minimal investment.
~ € 2-2.5 million is estimated for a winery structure of 1,500 square meters and a 150,000 bottle production
~ 15 hectares (c. 37.5 acres) are required for a small to medium size winery with a 70 to 150,00 bottle production (measured in bottles in Europe, not cases)
~ € 30,000 to €500-600,000 per hectare in Tuscany or Piedmont is necessary for land only in a future vineyard
~ € 30,000 per hectare (c. 2.5 acres) is necessary to plant a new vineyard
~ € 120,000 per 10 hectares (c. 25 acres) are a vineyard's average labor costs
~ 10 years are required before a winery is fully productive.
~Capital invested remains immobile for at least six years ( 4 years for production, 2 years for aging)
Il Sole-24 Ore, March 29, 2004
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