Largest Retailers in Bulgaria React Strongly to PM's Accusations

Business | February 12, 2014, Wednesday // 17:56| Views: | Comments: 4
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Largest Retailers in Bulgaria React Strongly to PM's Accusations: Largest Retailers in Bulgaria React Strongly to PM's Accusations File photo

Large retail chains in Bulgaria have reacted strongly to publically voiced suspicions of Prime Minister Plamen Oresharski that they were draining VAT.

In a joint declaration, issued Wednesday, they praise the PM's position that large retailers have made serious contributions to the improvement of quality of goods and services and to the advancement of Bulgarian economy.

The declaration, sent to media, stresses that large retail chains have invested in Bulgaria over BGN 4 M; provide jobs to 20 000 local workers directly and to another 10 000 through their business partners; each chain has 800 Bulgarian suppliers on average and an average 55% of all goods sold in their stores are Bulgarian-made.

The retailers' association for modern trade, however, voices firm opposition to serious accusations, voiced publically by Oresharski, implicating all international chains in tax fraud not based any solid proof and probes, but rather on general suspicions.

"The members of the association are some of the largest taxpayers in Bulgaria and they are subjected to constant checks," says the declaration.

Members of the association include "Billa Bulgaria," "K and K Electronics," "KMB Bulgaria," "Kaufland Bulgaria," and Lidl Bulgaria," among others.

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Tags: association for modern trade, Prime Minister Plamen Oresharski, VAT, fraud, retail chains
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» To the forumComments (4)
mb1960 - 13 Feb 2014 // 07:58:54

Agree BG products should have more weight on the market. But how about working on food quality first?
No controls, frauds, cheap ingredients, ILLEGIBLE labels, plenty of conservatives and/or substitutes and/or pesticides. Last summer I got sick and went to hospital, just out of eating a peach with its skin!
Buy any mayonnaise in any store and check the ingredients: the only "natural" ingredient seems to be water.
Get any meat produce and you end up paying 50% of its price for "soyev protein".
Unfortunately, quality is often just an option. And fraud protection on food is simply missing!
This is a real pity (and a shame)

Vladimir K. - 13 Feb 2014 // 02:24:27

Bulgarian food is crap anyway, let's bring back the Russian!

Seriously though, a realistic figure of Bulgarian food sold is closer to 20-30%

Sofianits - 12 Feb 2014 // 20:39:03

The Agricultural Minister recently made a speech in which he stated that 80% of the fruit, vegetable and meat foodstuffs consumed in Bulgaria are imported. No country on Earth can endure this kind of economic oppression. The Lev must be devalued.

madeinBG - 12 Feb 2014 // 18:34:37

"average 55% of all goods sold in their stores are Bulgarian-made."

Really? Even the vegetables and the meat are mostly imported...
55% ... Don't think so!

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