Állami Nyomda signs tax and duty stamp deal

Retail

Listed Hungarian printing house Állami Nyomda Nyrt and peer Pénzjegynyomda Zrt have singed a two-year contract on producing tax and duty stamps, Állami Nyomda said in a statement on Tuesday.

Állami Nyomda has been delivering products certifying the payment of excise duties to the VPOP as part of a consortium for the past twelve years. The company said its products of high-security features helped curb considerably the number of forgeries that siphoned off large sums from the budget. The deal has an estimated annual net value of Ft 1.8 billion ($10.5 million). (company press release)


ADVERTISEMENT

Pandemic has only moderate impact on big companies Analysis

Pandemic has only moderate impact on big companies

Parl't to vote on groundwork for commercial accommodation ra... Parliament

Parl't to vote on groundwork for commercial accommodation ra...

Duncan Graham reelected as BCCH president Appointments

Duncan Graham reelected as BCCH president

Budapest re-launches airport shuttle bus City

Budapest re-launches airport shuttle bus

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.