Hungary tobacco industry expands to HUF 500bn in 2011
Hungary’s tobacco industry grew almost 10% to HUF 500bn last year, industry insiders said at a press conference organised by the Hungarian Association of Tobacco Industry Investors (DBMSZ) on Thursday.
Hungarian tobacco companies BAT Pecsi Dohanygyar, Continental Dohanyipari, Imperial Tobacco Magyarorszag and Universal Leaf Tobacco Magyarorszag established DBMSZ at the beginning of last December.
This year tobacco sales are expected to fall because of the economy, the higher excise tax, expected stricter rule on tobacco sales and the expansion of the no-smoking policy in public places, they said. Making more public establishments smoke-free has resulted in as much as a 5% reduction in sales, judging from experience abroad, they added.
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