Market share of contraband cigarettes shrinks to 4.7%

The share of contraband cigarettes on the Bulgarian market dropped to 4.7% in the second quarter of 2018, according to a survey which looked into cigarette sales by collecting and analysing empty cigarette boxes. The findings of the survey were unveiled on 19 September by an organisation dubbed Initiative Against Illegal Trade, in the presence of Prime Minister Boyko Borissov, ministers, MPs, experts and Prosecutor General Sotir Tsatsarov.

At the end of 2017, the market share of contraband cigarettes was 6.6%, and a year ago it was 7%, the organisation recalled. Back in 2010, it was 34.5%.

The fight against contraband is a powerful blow against corruption as well, because court proceedings require the presence of a policeman, customs official, prosecutor, and - of course - a political 'umbrella', PM Borissov commented at the presentation of the research.

“As we have busted four illegal cigarette factories, we have managed to drop the share of cigarette contraband under 5%. We take actions in the same way against illegal production and sales of alcohol, fuels, sugar and meat,” Borissov said, as quoted by BTA.

Similar articles

  • Borissov, Vucic inspect Balkan Stream gas pipeline

    Borissov, Vucic inspect Balkan Stream gas pipeline

    Bulgarian Prime Minister Boyko Borissov and Serbia’s President Aleksandar Vucic inspected the Balkan Stream gas pipeline in its Letnitsa section on Monday. “What I know is that there are no wars where there are gas pipelines,” PM Borissov said. He underscored the fact that Balkan Stream is planned to transit natural gas from different sources, which will contribute to diversifying supplies for the region.

    81
  • Borissov: BGN 173m in grants for 20,000 small enterprises

    Borissov: BGN 173m in grants for 20,000 small enterprises

    Small enterprises with at least 20% dip in revenue will be eligible to apply for a piece of the BGN 173m grant funding that is being provided by the EU. The money will be enough for about 20,000 businesses, while the government will seek another BGN 200-300m in support for medium-sized enterprises. The news came from Prime Minister Boyko Borissov after the European Council meeting on tackling the COVID-19 pandemic held via videoconferencing.

    109