The European Commission may scrutinize the entire tobacco system in Hungary
Brussels is preparing a possible investigation decision about the Hungarian tobacco supplier slower than the market had expected, so instead of the initial absence the Philip Morris Magyarország Kft. chose inclusion – Világgazdaság Online wrote.
With this step, the manufacturer protects its Hungarian subsidiary from a net loss of a monthly average of 3 billion HUF (with excise taxes, VAT and corporation tax almost approximately 13 billion HUF per month). The contract with the National Tobacco Supplier Ltd. (ODBE) was signed on Tuesday, so from 7 December, the tobacco shops can also order the products of the manufacturer. (Világgazdaság Online)
Related news
Philip Morris Hungary Ltd. renewed its lease agreement in the Kálvin Square office building
Philip Morris Hungary Kft. has extended its lease in one…
Read more >NAV: more than 460 liters of illegal pálinka and hundreds of packs of cigarettes found at a house
The National Tax and Customs Administration (NAV) has discovered homemade…
Read more >NAV: Romanian driver who was checked on the M43 highway hid hundreds of liters of alcohol among furniture
Several hundred liters of alcohol were hidden among the furniture…
Read more >Related news
Carrefour launches its first AI-based solution in Spain
French retail chain Carrefour has chosen Spain to implement its…
Read more >Gösser Spritz display from Hungary wins two POP world titles
This year a Hungarian Gösser Spritz display – the winner…
Read more >Valeo Foods Group buys Italian panettone maker Melegatti 1894
The acquisition is the second Valeo Foods Group has announced…
Read more >