New Market Report: Grocery Retailers in Hungary
2013 was an even more difficult year for every grocery retailers category in Hungary as previously passed unfavourable government regulations remained in effect, while new ones were passed. The higher taxes which were levied on retailers and the Plaza Stop Act remained in effect, while new higher rates of road tax made transportation more expensive as transportation companies were forced to meet the higher cost of this tax in proportion to the distance their respective fleets travel. Meanwhile,...
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