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Hungary forced to hold second tender for tobacco retail concessions

| April 3, 2013

Hungary will issue a new tender for retail tobacco sales in 1,417 communities from which no applications were received during the initial tender, according to a Budapest Business Journal story quoting MTI-Econews.

The country’s parliament adopted legislation in September of last year for the establishment of a state monopoly of the retail sale of tobacco products on July 1, 2013.

The National Tobacco Trade nonprofit, which is overseeing the establishment of the monopoly, said that 15,633 applications for the retail sale of tobacco had been submitted by the February 22 deadline stipulated in the initial tender.

It set a new 30-day deadline for the submission of applications from the communities that had not responded to the initial tender.

Category: Breaking News

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