Tobacco shops may realise one billion in revenues

By: trademagazin Date: 2014. 05. 02. 05:25

Tobacco shops may generate HUF 1-billion revenue for NDN Zrt. when those winning new concessions open shop. The majority of new tobacco shops will be in villages, so the annual concession fee is HUF 100,000. Soon there will be more than 6,000 tobacco shops with a licence from the customs administration, as the 127 winners of the fourth round of concession tenders had to sign the 20-year contracts until 11 April – reports Világgazdaság online.

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