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Zwack plans legal action re investigation

Zwack Unicum Rt, Hungary's best-known spirits maker, is planning legal steps related to an ongoing parliamentary investigation and information published on it. A parliamentary committee is investigating back taxes the company may owe and whether changes to the excise tax law were designed specifically to suit Zwack Unicum. Frank Odzuck, Zwack Unicum CEO, confirmed yesterday the company's stand on the investigation: he said that Zwack Unicum would not set aside any provisions for possible liabilities related to court cases. (Econews; NG 1,5, Nb 2, MH 3, Nv 5)