Hungarian Tobacco Industry Association winds up
The Hungarian Tobacco Industry Association will wind up at the end of January under a decision taken at an extraordinary general meeting of the professional group held earlier, the organisation told MTI on Monday.
When asked by MTI, the association said it was winding up because of the departure of members.
Hungarian tobacco companies BAT Pecsi Dohanygyar, Continental Dohanyipari, Imperial Tobacco Magyarorszag and Universal Leaf Tobacco Magyarorszag established the Hungarian Association of Tobacco Industry Investors (DBMSZ) at the beginning of December, Econews reported earlier. At the same time the association was established, BAT Pecsi Dohanygyar, Continental Dohanyipari and Imperial Tobacco Magyarorszag cancelled their membership in the Hungarian Tobacco Industry Association.
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.