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© 2001 Crown Estates

CROWN ESTATES OF HUNGARY
COMPANY HISTORY

Crown Estates of Hungary’s antecedents go beyond the early part of the 20th Century to the Hungarian Crown Estate in Tokaji, formed after the defeat of the Transilvanian Prince, Ferenc Rákóczi II in 1715, when his famous Szarvas vineyard became Crown Property.

After the collapse of the Monarchy in 1918, the vineyard was taken into state ownership. In 1948 all the major family estates were taken into state ownership where they remained until the collapse of Communism. Some of the finest wines of the Century were made during the next 30 years.

Tokaj Kereskedőház Rt, the company now called Crown Estates of Hungary, was established in 1993 following the return of 600 hectares to private growers and sale of some 400 hectares of the best Estate vineyards and cellars to foreign investors between 1989 and 1993. Crown Estates of Hungary is now the only significant 100% Hungarian owned wine company in the Tokaj region.

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Crown Estates of Hungary was formed in the late 1990s and has retained 80 hectares of the finest vineyards in the region. These include three of the best sites in the region - the former Royal Szarvas vineyard, Király in Mád and Szentvér in Tolcsva. They are the leading producer of Tokaji Aszú and Szamarodni wines.

In addition to significant investment in restoration and maintenance of its vineyards, Crown Estates works closely with most of the growers in the region, many of whom are current or former employees. The region’s leading buyer of grapes, unlike some of its main competitors, it does not just buy grapes when Aszú berries are prevalent.

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Crown Estates own the unique and splendid Tokaji Museum Cellars. Regarded as one of Hungary’s National Treasures, the contents and winemaking practice of the Museum Cellar are a well guarded secret, and only Crown Estates has access to the stock of these outstanding antique wines. They also own the Szarvas cellar located at Prince Rákóczi's C17th century mansion in Tarcal.

Crown Estates of Hungary epitomises the traditions and heritage of the region and has access to wines made by previous generations of winemakers, going back to the time of the Austro-Hungarian Monarchy. Over the past 400 years successive generations have protected and preserved these traditions, despite the many changes that have affected the region.

Although the company is proud of its and the regions traditions, they are also willing to innovate and develop new products. With assistance and advice from Angela Muir MW and Liz Robertson MW, of the Cellarworld consultancy, Crown Estates have invested in state of the art winemaking equipment, in order to make top quality dry white wines from Furmint and Hárslevelű grape varieties. With good Aszú wines only made on average three years in each decade, the region’s future depends on the commercial success of these young dry wines that carry the famous Tokaji name.