ADVERTISEMENT

New forest management regulation

Analysis

New legislation adopted by the National Assembly will bring significant changes in the lives of Hungarian forest managers, writes conservative daily Magyar Nemzet.

Based on the experience of recent years, the amendment became necessary as landowners were often vulnerable to authorized forest managers.

A common problem was that the logging was done by the trustee, but the subsequent reforestation obligation was left unfulfilled.

For that reason, the new regulation on the settlement of the ownership of land plots subject to the right of use by producer cooperatives, and the amendment of certain laws relating to land, will terminate all forest management contracts and make new agreements subject to stricter rules, the newspaper notes.

ADVERTISEMENT

Hungary's GDP growth hits 8.2% y.o.y. in Q1 Analysis

Hungary's GDP growth hits 8.2% y.o.y. in Q1

Parl't elects Orbán prime minister Parliament

Parl't elects Orbán prime minister

New managing director at LG Electronics Hungary Appointments

New managing director at LG Electronics Hungary

Hungary Grande Partenza 'exceeded all expectations' - gov't ... City

Hungary Grande Partenza 'exceeded all expectations' - gov't ...

SUPPORT THE BUDAPEST BUSINESS JOURNAL

Producing journalism that is worthy of the name is a costly business. For 27 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.