The wine crisis deepens: The historic winery Norton has filed for bankruptcy protection to seek to maintain its operations.

Published 2025년 10월 31일

Tridge summary

Dark clouds have long been gathering over the national wine sector, affecting various links in the production chain. As a result of reduced domestic wine consumption, declining international demand due to changes in beverage consumption, coupled with an oversupply of wine grapes, winemakers and wineries are in crisis. An example of this is the crisis facing the historic Mendoza winery Norton, which has been accumulating debts in the banking system for over 30 million dollars for days. This afternoon, the company announced that it has decided to file for Preventive Reorganization of Creditors. Tomás Lange, CEO of the company, told this media outlet: "As of today, Bodega Norton S.A. has filed for Preventive Reorganization of Creditors. This decision was made to secure jobs and ensure the continuity of operations, within a challenging context for the industry..."

Original content

Dark clouds have long been gathering over the national wine sector, affecting various links in the production chain. As a result of reduced domestic wine consumption, declining international demand due to changes in beverage consumption, and an oversupply of wine grapes, winemakers and wineries are in crisis. An example of this is the crisis facing the historic Mendoza winery Norton, which has been accumulating debts in the banking system for over 30 million dollars in recent days. This afternoon, the company announced that it has filed for a Preventive Creditors' Contest. Tomás Lange, CEO of the company, told this medium: "As of today, Bodega Norton S.A. has filed for a Preventive Creditors' Contest. This decision was made to secure jobs and ensure the continuity of operations, in the context of a challenging environment for the wine industry, both locally and internationally, and after evaluating various alternatives to solve the company's financial situation." According to the ...

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