New rules and regulations prohibit stores and gas stations bigger than 2,500 square meters to host tobacco shops from May 30. These regulations involve 86 tobacco stores of 113 located in Tescos of Hungary. Hungarian Oil and Gas Public Limited Company MOL gas stations and French international retail group and multinational corporation Auchan stores are also in concern.
National Tobacco Commercial Nonprofit Ltd. (ND) justified the decision by claiming that tobacco stores operating at gas stations and plazas are making much greater profit than tobacco stores elsewhere. 200 tobacco stores of 6300 are making 17% of all profit according to statistics.
Producing journalism that is worthy of the name is a costly business. For over 30 years, the publishers, editors and reporters of the Budapest Business Journal have striven to bring you business news that works, information that you can trust, that is factual, accurate and presented without fear or favor.Newspaper organizations across the globe have struggled to find a business model that allows them to continue to excel, without compromising their ability to perform. Most recently, some have experimented with the idea of involving their most important stakeholders, their readers.
We would like to offer that same opportunity to our readers. We would like to invite you to help us deliver the quality business journalism you require. Hit our Support the BBJ button and you can choose the how much and how often you send us your contributions.
