10% Of Appliances In Hungary Are Illegal Imports

  • 24 Jan 2012 8:00 AM
10% Of Appliances In Hungary Are Illegal Imports
"About 10% of the Hungarian home appliance market consists of illegal imports worth an estimated Ft 25 billion annually, Napi Gazdaság reports. So-called “grey” imports mostly arrive from Poland and Germany.

In these instances, appliances are purchased directly from factories that produce brands available in Hungary, and are imported without the payment of any environmental fees.

These importers do not spend any money on marketing or advertising and do not maintain maintenance networks.

Many products go through Slovakia – either on paper or in reality – enabling illicit retailers to avoid paying Hungary’s 27% VAT."

Source: Hungary Around the Clock

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