A nonperturbative renormalization theory of Euclidean field theories i
n hierarchical approximation is presented in this paper. The ultraviol
et limit is related to the thermodynamic limit of a polymer system on
a multigrid. General methods to present a hierarchical model as a mult
igrid polymer system are discussed. We provide a sufficient condition
for the existence of the continuum limit by a bound for Moebius transf
orms. The use of renormalization conditions for polymer activities is
described. We study a recursive calculation scheme for polymer activit
ies. We state a general cluster expansion formula, which is useful for
estimating Moebius transforms.