Winzer von Baden announces insolvency application - 900 members and around 600 hectares of vineyard area affected

German wine cooperative Winzer von Baden has announced it'll file for insolvency, affecting around 900 member winemakers and 590 hectares of vineyard. The cooperative cited falling wine consumption and mounting costs as the key drivers behind the decision. The insolvency also puts 45 employees at risk, highlighting the financial pressures currently affecting wine producers across Europe.