Risk Foresight: Multinational retailers face restrictions after Hungarian food quality review

IHS Markit

The Hungarian government is reportedly planning to restrict the advertising budgets of multinational retail chains, demand they hire additional staff and introduce a new levy on retail chains’ parking spaces. The move follows a February report by the country's food safety authority, the Nemzeti Élelmiszerlánc-biztonsági Hivatal (NEBIH), which accused multinational firms of “offering lower-quality products” in Hungary. NEBIH reportedly compared 24 identically branded products in Hungary and Austria and found significant differences.