230 result(s) for black market
Tobacco Companies Warn Of Risks Of New Tobacco Trade Regulation
- 18 Dec 2014 8:00 AM
- business
The new regulation establishing a single company to buy tobacco from wholesalers and sell it to retailers, approved by parliament on Monday, carries substantial economic risks, tobacco companies said in a joint statement.
Photo Article: Budapest's Best Markets
- 20 Nov 2014 1:54 AM
- shopping
By We Love Budapest : Markets are a cavalcade of people, flavours, smells and sounds. Budapest's markets offer a wide range of fresh vegetables, fruit, meat and flowers. You'll also find specialty produce like cold cuts, cheese, bread and honey. We've explored this city's markets to find the best one for you!
Hungary’s NAV To Crack Down On Illegal Tobacco
- 18 Nov 2014 8:00 AM
- current affairs
The tax authority NAV announced a campaign against the illegal trade in cigarettes in co-operation with JTI Hungary, Philip Morris Magyarország and the Association of Tobacco Industry Investors, at a press conference in Budapest yesterday. The campaign lasts until the end of November.
Hungarian Party Together Calls On Govt To Withdraw New Tobacco Bill
- 17 Nov 2014 8:00 AM
- current affairs
The opposition Together (Együtt) party has called on the government to withdraw its plan to introduce a bill on tobacco trade. Viktor Szigetvári, the party’s co-leader, said the bill, which he dubbed “tobacco law 2”, which seeks to place a middleman between retailers and wholesalers, was “unnecessary”.
BAT: Tobacco Tax Could Raise Cigarette Prices In Hungary
- 14 Nov 2014 3:00 AM
- shopping
A proposed one-off tax on tobacco companies could raise the price of cigarettes by 70-80 forints (EUR 0.25) per pack, daily Népszabadság said on Friday, citing an official from British American Tobacco (BAT). Attila Tóth, who handles BAT’s relations with the government, told the paper that the sector had not generated “extra profit” for years.
Hungarian Government In A Bind
- 12 Nov 2014 8:00 AM
- current affairs
Prime Minister Viktor Orbán will have the toughest period of his career if both the United States administration and the newly installed European Commission maintain their criticism of his government's policies. That is a likely scenario, and the European People's Party is now less eager to back him. At stake is how to ensure funds for the development of the Hungarian economy.
Norway “Blackmailing” Hungary Over Funding, Mulling Legal Steps
- 10 Nov 2014 8:00 AM
- current affairs
A statement last week by Norway’s ambassador to Hungary suggesting that the transfer of 36 billion forints (EUR 116m) suspended in May depended on whether civil organisation Ökotárs Foundation would be able to carry on its work was “blackmail”, Nándor Csepreghy, deputy cabinet state secretary for development policy communications, told public television.
Illegal Cigarette Sales In Hungary Top 12%
- 14 Oct 2014 9:00 AM
- shopping
The black market for cigarettes in Hungary has grown to 12.1% of total sales, market research company GfK Hungária said. A little more than a year ago, GfK Hungária said illegal sales of cigarettes accounted for 7.7% of total turnover. In its latest release, the market researcher said the rate had reached 11.8% by the end of last year, but noted there had been “restructuring” on the market.
Cigarette Black Market Flourishes In Hungary
- 22 Aug 2014 9:00 AM
- shopping
Hungary’s exploding black market in cigarettes is depriving the country of billions in tax receipts and may soon overtake the legal market for cigarettes.
Tobacco Companies Warn Of Risks Of New Tobacco Trade Regulation
- 18 Dec 2014 8:00 AM
- business
The new regulation establishing a single company to buy tobacco from wholesalers and sell it to retailers, approved by parliament on Monday, carries substantial economic risks, tobacco companies said in a joint statement.
Photo Article: Budapest's Best Markets
- 20 Nov 2014 1:54 AM
- shopping
By We Love Budapest : Markets are a cavalcade of people, flavours, smells and sounds. Budapest's markets offer a wide range of fresh vegetables, fruit, meat and flowers. You'll also find specialty produce like cold cuts, cheese, bread and honey. We've explored this city's markets to find the best one for you!
Hungary’s NAV To Crack Down On Illegal Tobacco
- 18 Nov 2014 8:00 AM
- current affairs
The tax authority NAV announced a campaign against the illegal trade in cigarettes in co-operation with JTI Hungary, Philip Morris Magyarország and the Association of Tobacco Industry Investors, at a press conference in Budapest yesterday. The campaign lasts until the end of November.
Hungarian Party Together Calls On Govt To Withdraw New Tobacco Bill
- 17 Nov 2014 8:00 AM
- current affairs
The opposition Together (Együtt) party has called on the government to withdraw its plan to introduce a bill on tobacco trade. Viktor Szigetvári, the party’s co-leader, said the bill, which he dubbed “tobacco law 2”, which seeks to place a middleman between retailers and wholesalers, was “unnecessary”.
BAT: Tobacco Tax Could Raise Cigarette Prices In Hungary
- 14 Nov 2014 3:00 AM
- shopping
A proposed one-off tax on tobacco companies could raise the price of cigarettes by 70-80 forints (EUR 0.25) per pack, daily Népszabadság said on Friday, citing an official from British American Tobacco (BAT). Attila Tóth, who handles BAT’s relations with the government, told the paper that the sector had not generated “extra profit” for years.
Hungarian Government In A Bind
- 12 Nov 2014 8:00 AM
- current affairs
Prime Minister Viktor Orbán will have the toughest period of his career if both the United States administration and the newly installed European Commission maintain their criticism of his government's policies. That is a likely scenario, and the European People's Party is now less eager to back him. At stake is how to ensure funds for the development of the Hungarian economy.
Norway “Blackmailing” Hungary Over Funding, Mulling Legal Steps
- 10 Nov 2014 8:00 AM
- current affairs
A statement last week by Norway’s ambassador to Hungary suggesting that the transfer of 36 billion forints (EUR 116m) suspended in May depended on whether civil organisation Ökotárs Foundation would be able to carry on its work was “blackmail”, Nándor Csepreghy, deputy cabinet state secretary for development policy communications, told public television.
Illegal Cigarette Sales In Hungary Top 12%
- 14 Oct 2014 9:00 AM
- shopping
The black market for cigarettes in Hungary has grown to 12.1% of total sales, market research company GfK Hungária said. A little more than a year ago, GfK Hungária said illegal sales of cigarettes accounted for 7.7% of total turnover. In its latest release, the market researcher said the rate had reached 11.8% by the end of last year, but noted there had been “restructuring” on the market.
Cigarette Black Market Flourishes In Hungary
- 22 Aug 2014 9:00 AM
- shopping
Hungary’s exploding black market in cigarettes is depriving the country of billions in tax receipts and may soon overtake the legal market for cigarettes.


















