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Hungary Economy Loses 700 M Euros Due To Fake Products
- 6 Dec 2016 6:00 AM
- shopping
The distribution of fake cosmetics, clothes, shoes, records, alcoholic beverages and medications cause annual losses of an estimated 207 billion forints (691.5m euros) to the Hungarian economy, the European Union Intellectual Property Office (EUIPO) reported. EUIPO said that the amount accounted for 12.2% of the total revenue of those sectors.
Hungary Economy Loses 700 M Euros Due To Fake Products
- 6 Dec 2016 6:00 AM
- shopping
The distribution of fake cosmetics, clothes, shoes, records, alcoholic beverages and medications cause annual losses of an estimated 207 billion forints (691.5m euros) to the Hungarian economy, the European Union Intellectual Property Office (EUIPO) reported. EUIPO said that the amount accounted for 12.2% of the total revenue of those sectors.