cigarettes

Cigarette Prices In Romania Go Up By RON1/Pack On Avg As Of Thursday

Cigarette prices in Romania will rise by an average 1 leu (EUR1=RON4.3523) per pack as of Thursday, July 1, following the country’s decision to hike its sales tax and up guarantees for fiscal storage, JTI Romania corporate affairs manager Gilda Lazar told MEDIAFAX Wednesday.

Cigarette Smuggling In Romania Down 2.3 Pcts In March To 33.9% Of Market

Smuggled cigarettes accounted for 33.9% of the total Romanian cigarette market in March, 2.3 percentage points less than in the first two months of the year, according to a study ordered by cigarette producers British American Tobacco and Japan Tobacco International.

Romanian Financial Guard Estimates Tax Evasion In Cigarette Sales At EUR1B

Tax evasion in the sale of tobacco products in Romania is estimated at EUR1 billion, mainly because of cigarettes smuggled from Ukraine and the Republic of Moldova and sales in duty-free shops, said Thursday Ladanyi Arpad Csaba, head of Romania’s Financial Guard.

Romanians To Spend Less On Cigarettes, Alcohol, Keep Food Budget Unchanged – Poll

Romanians plan to spend less on certain products in 2010 and the biggest spending cuts will target cigarettes, alcohol, clothes and electronic appliances, while food budgets will not be reduced, according to a survey conducted in February by market research company 360insights.

Cigarette Smuggling In Romania Accounts For 36% Of Market

Smuggled cigarettes have come to account for 36% of the total Romanian cigarette market in the first two months of the year, from 22% in the last quarter of 2009, according to a survey by Novel Research.

Romania Set To Limit Sale Of Cigarettes, Alcoholic Drinks In Duty-Free Shops – Sources

Romania’s government decided Friday to empower competent ministries to start drafting the normative act meant to limit the sale of cigarettes and alcoholic drinks in duty-free shops, in a move to fight illicit trade, people close to talks said Friday.

Cigarettes In Romania To Cost RON0.40 More Per Pack As Of Sep 1

The price for a pack of cigarettes will grow in Romania by 0.40 lei (EUR1 = RON4.2238) starting with September 1, once the excise for tobacco is increased by EUR7, from EUR57/1,000 cigarettes to EUR64/1,000 cigarettes, according to the representatives of the main cigarette makers in Romania.

Romania Cigarette Packs To Include Both Text, Picture Warnings As Of July

Cigarette packs marketed in Romania require both text and visual warnings starting with July 1, when the grace period granted to producers and retailers until stock depletion expires, Romanian Health Ministry said in a statement Sunday.

Cigarettes In Romania To Cost RON0.4 More Per Pack As Of April 1

Cigarette prices in Romania will increase by 0.4 lei (EUR1=RON4.2723) per pack as of April 1, as the Romanian Government decided to increase excise duties on tobacco products as of April 1, to EUR57 per 1,000 cigarettes from EUR50.

Romanian Specific Excise To Reach EUR35.06 / 1,000 Cigarettes Come Apr 1

The Romanian specific excise will grow, starting with April 1, from EUR27.31 to EUR35.06 / 1,000 cigarettes, while the ad valorem excise will drop from 25% to 23% of the maximum sale price, according to a draft government ordinance

Romania’s Cigarette Producers Hike Pk Price By RON0.2 On Higher Excise

Cigarette producers in Romania increased Monday the price of a pack of cigarettes by 0.2 lei (EUR1=RON3.9305), as the minimum excise per 1,000 cigarettes will hike on January 1, 2009.

Romanian Cigarette Prices To Climb Come July 1

The retail price for one pack of cigarettes will increase by an average RON0.4, starting with July 1, when the total excise will be increased to EUR50 /1,000 cigarettes, compared to the current excise of EUR41.5, sources within the Ministry of Economy and Finance told MEDIAFAX.

Romanian Border Police Seizes 60,000 Packs Of Contraband Cigarettes

Border police in Nadlac, in Romania’s western county of Arad, seized Thursday night this year’s biggest contraband cigarette transport. Police found 57,460 packs of cigarettes hidden in a truck going to Switzerland.

Cigarette Packs In Romania To Include Text And Image Warnings Starting July

Cigarette packs sold in Romania starting July 1 will have printed text warnings and a color photograph or illustration of the unhealthy effects of smoking, the Health Ministry said.

Higher Excises To Drive Cigarette Prices In Romania Up 35-40%

The proposal to increase excises for cigarettes to make up for a potential lowering to 5% of the value added tax on basic food products would lead to a 35-40% increase in cigarette prices, encouraging contraband, tobacco producers say.

Romania’s Economy Ministry Ups Minimum Excise For Cigarettes By 4.5%

The minimum excise for cigarettes will reach EUR39.5 /1,000 cigarettes during January 1 – June 30, 2008, up 4.55% compared with the second half of 2007, according to an order issued by Romania’s Ministry of Economy and Finance.