The European Commission may scrutinize the entire tobacco system in Hungary

By: trademagazin Date: 2015. 11. 30. 11:28

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)

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