Profit before tax
Main business activities
Shell has been present in Hungary since 1925. Shell Hungary Zrt operates a network of 190 retail sites. Shell Hungary Zrt also provides mobility services through its commercial road transport division for corporate clients in Hungary and Romania. Shell Energy Europe BV has a licence to sell natural gas to commercial customers in Hungary.
Country financial analysis
The statutory corporate income tax rate in Hungary is 9%. Tax paid relates to the taxable profits arising from the downstream business and the final settlement of 2020 tax liabilities, as well as prepayments for 2021.