The COVID-19 pandemic has affected the global economy and almost all its segments since its outbreak. Agriculture is no exception, just like its branch - viticulture, and winemaking. The paper gives an overview of viticulture and winemaking in the European Union and Croatia. In addition, it provides an insight into the impact of COVID-19. Furthermore, the paper theoretically supports strategies for risk management in the economy and resilience with its three capabilities: robustness, adaptability, and transformability. The paper's objectives are to determine the impact of COVID-19 on the business of winegrowers and winemakers, measure the resilience of the surveyed wine and wine farms, and investigate the correlation of COVID-19 with the resilience of the surveyed farms. For this paper, a survey was conducted on a sample of 72 vineyards from Adriatic Croatia. The research results indicate that COVID-19 had the most significant impact on the business of the surveyed farms through a reduced number of tourist arrivals. In addition, a correlation analysis found that after facing a challenging period, economies that have invested in equipment, technology, and infrastructure in the last five years have the opportunity for a greater radical reorganization of operations.