
Cigarette smuggling on the fast rise
The cigarette black market has increased very fast in July 2014, up to 17%, compared to 16.1%, in May and approximately 14% at the end of last year, according to the data provided by the company Novel Research. It is the highest level registered during the last three years. The North-Eastern Region continues to be the area mostly affected by the illicit cigarette trade, although this region of the country is the only one where the black market dropped in July (by 7.8 p.p., down to 34%). Significant increases are registered in Bucharest (plus 3.1 p.p., up to 15.8%) and in the West (plus 3 p.p. up to 26.1%). As related to the origin, according to the stamp applied on the pack, the “Cheap Whites” continue to have the highest rate on the black market, being on the rise compared to May (plus 11.2 p.p. up to 50.6%.). The products bearing stamps from Ukraine and Moldova continue to have significant rates (16.4% and respectively 20.8%), however, they are lower than in May”, has stated Marian Marcu, the Manager of the company Novel Research.
http://actmedia.eu/daily/cigarette-smuggling-on-the-fast-rise/53765
Related Posts
Govt mulls mandatory jail for cigarette smugglers
KUALA LUMPUR: The Customs Act 1967 is being considered for amendment to provide...
Economic Report Predicts Rise in Global Counterfeiting, Piracy
BANGKOK, THAILAND — The global trend in counterfeiting and piracy is forecast to...
CBP finds more than $171,000 hidden in truck in El Paso border cash smuggling attempt.
U.S. Customs and Border Protection officers seized a cash shipment of $171,992...
$460,000 in fake Air Jordans, UGGs, Rolexes and more seized in Greensboro; five arrested
GREENSBORO — State agents seized $460,000 worth of counterfeit products — Air...