02 Mar 10

Cigarette Smuggling On the Rise In Romania

Smuggled cigarettes represented around 36 per cent of the total Romanian cigarette market in the first two months of the year, up by 14 per cent compared to the last quarter of 2009, according to a survey quoted by
Mediafax news agency.

The rise in smuggling was prompted by a near 50 per cent increase in cigarette prices following excise hikes at the beginning of this year.

"A market share of over 36 per cent for contraband cigarettes means one in three cigarettes smoked in Romania comes from illicit trade. If contraband was the market leader in 2009 by profit, now it is also the leader by volume," said Adrian Popa, a representative of the tobacco industry.

The report estimates that the government will lose an estimated €1 billion in taxes and excise fees because of contraband cigarettes, as cigarette producers expect smuggled products to reach 50 per cent of the
total market by the end of the year.

Most contraband cigarettes sold in Romania come from neighbouring Moldova (around one third of total smuggled cigarettes), duty-free shops and other nearby countries such as Ukraine and Serbia.

On the Romanian market, a pack of legally sold cigarettes costs between €2-2.5, while the price of a pack of contraband cigarettes is almost half that amount.

Talk about it!

blog comments powered by Disqus

Related Headlines:

macedonia-opposition-nominates-zaev-as-pm-candidate-02-25-2017
25 Feb 17

Macedonia Opposition Nominates Zaev as PM Candidate

Macedonia's main opposition party, the Social Democratic Union of Macedonia (SDSM) formally nominated its leader, Zoran Zaev, as a prime ministerial candidate Saturday, after securing support for a parliamentary majority.

24 Feb 17

Balkan Retail Giant Agrokor Faces New Troubles

24 Feb 17

Serbia Braces for Bumpy Election Ride

Premium Selection

montenegro-coup-claims-leave-russian-media-dumbfounded-02-23-2017-1
24 Feb 17

Montenegro Coup Claims Leave Russian Media Dumbfounded

The media in Russia have been following the latest dramas in Montenegro with intense interest – though most see it as little more than a slur campaign.

serbia-braces-for-bumpy-election-ride-02-23-2017
24 Feb 17

Serbia Braces for Bumpy Election Ride

The pro-government media are stepping up their negative campaigns, vilifying opposition candidates standing in April’s presidential election.

21 Feb 17

Croatia Profits from Syria’s Gruesome War