Number Of Tobacco Shops In Hungary Could Fall

  • 6 Nov 2020 7:28 AM
  • Budapest Business Journal
Number Of Tobacco Shops In Hungary Could Fall
The number of tobacco shops could fall shortly, which would result in individual shops serving larger areas, János Lázár, the prime ministerʼs commissioner for protecting non-smokers told business daily Világgazdaság in an interview.

As commercial concessions for operating tobacco shops have been handed over by the state for 20 years, the market can be narrowed down in the short-term by not renewing returned concessions, and in areas where there is a shortage of supply, a temporary license should only be issued in more justified cases, Lázár (the former head of the Prime Ministerʼs Office) said.

He noted that the share of smokers in Hungary recently has been dropping by 1-2% every year.

At the start of the previous decade it was above 30% of the population and now it is at around 20-25%, and even lower if only "traditional" tobacco products are taken into account.


MTI Photo

  • How does this content make you feel?

XpatLoop Media Partner

Budapest Business Journal

Hungary's largest and oldest source of business and financial news in English. Since 1992 it has presented essential information on Hungarian business life, including international analyses about the country. These days the BBJ newspaper is published every other week, while it releases daily business news online including premium paid content.

Explore More Reports

  • Retail Outlets In Hungary Down By 24,000 Since 2010

    Retail Outlets In Hungary Down By 24,000 Since 2010

    • 2 Oct 2020 7:42 AM

    There were more than 119,000 retail outlets operating in Hungary at the end of 2019, down by almost 24,000 from the end of 2010, the Central Statistical Office (KSH) said in a summary of data published on its website.

  • Panic Buying In Hungary Drives Up Retail Sales

    Panic Buying In Hungary Drives Up Retail Sales

    • 8 Apr 2020 2:05 PM

    The volume of sales in retail shops increased by 10.9% according to raw data and by 11.3% in February 2020 compared to the same period of 2019, when adjusted for calendar effects, according to data by the Central Statistical Office (KSH).

  • E-Cigi Liquid Prices To Fall

    E-Cigi Liquid Prices To Fall

    • 28 Jan 2020 7:33 AM

    Due to the changes in tax rules, high-quality e-cigarette liquid products may become cheaper and more accessible to Hungarian consumers in the near future, according to a press release by British American Tobacco (BAT).