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The Dürnberg winery in Austria's Weinviertel region is taking a new approach to financing with "crowd-funding". The 60-hectare winery, which was founded 30 years ago by Christoph Körner and is "profitable" according to its own statements, invites interested parties to acquire shares with a nominal value of 500 euros and thus become partners of Dürnberg Fine Wine AG. Among other things, the capital increase is to be used to build a barrel cellar, a maturing cellar and a tasting room, which will be available to the co-owners as a meeting place and for private events. Körner and the board team came up with the idea for this type of financing, which is unusual especially in Austria, as a result of a successful crowd-funding campaign in 2017.
The Dürnberg winery produces about 400,000 bottles per year, 60 percent of which are exported. According to their own statement, the goal of the investments is not growth, but to further increase quality in order to become ambassadors of the Weinviertel with "signature wines": "Whoever hears Weinviertel should also think Dürnberg."
(al / Source: Der Winzer; Photo: Dürnberg Fine Wine AG)