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Abstract
In the paper first was analyzed participation and trend of grapes production
volume in Republic of Serbia within period 1998-2007.
After that, using concrete technological, organizational and economic
conditions for vineyards planting in one vineyard region of Republic of Serbia,
have been formed investments models (taking into account different dynamics of
vineyards planting). In the paper were used dynamical methods for investments
evaluation (internal rate of return, net present value and payback period) as well as
various variants of financial resources and financing conditions. The results
indicated that it is more economically efficient and financially feasible to plant
vineyard on the entire disposable area at the same time, than gradually in several
phases.
Applying appropriate mathematical and statistical methods, there was
projected possible trend of grape production volume in following five years period.
It was concluded that grape production would (in average) slightly grow comparing
to former level.
On the end there were deliberated possibilities for investments in
development of vineyard production in republic of Serbia (starting from disposable
natural, social and economical conditions, expected production trend, and needed
investments for vineyard planting, as well as economical and financial evaluation
of these investments).