
Inspectors proceeded to identifying and confiscating 24,220,000 pieces of contraband cigarettes, as well as their production and packaging mechanism,after an inspection they carried out in three containers at the port of Piraeus.
The containers
Specifically, the customs officers of the 3rd Customs House of Piraeus, with the use of the X-RAY system and the assistance of a tobacco sniffing dog, after a local risk analysis, identified and seized three containers as contraband.
The first with the country of origin being China, was unloaded at the port of Piraeus with a final recipient being a company based in Athens and declared content “machines and packaging for wrapping or packing goods”. During the inspection, however, the inspectors found that it actually contained a complete cigarette production and packaging machine, which was confiscated.
The second container was located by customs officers of the Anti-Smuggling Department of the 3rd Customs Office of Piraeus in collaboration with the SDOE, after using information from the Coordination Operations Center (COC). His country of origin was the United Arab Emirates and his final destination was Egypt. Inside it, 14,980,000 pieces of contraband cigarettes were detected and confiscated, the corresponding duties and taxes of which amount to 3,172,427.16 euros.
Finally, following information from the Coordination Operations Center, employees of the Anti-Smuggling Department of the 3rd Customs House of Piraeus with the assistance of the Coast Guard, proceeded to control and seize a third container with a country of origin in China and destination Bulgaria. Inside, 10,584 units were found in the first two loading rows of men’s underwear, but which were used as a means of concealing 9,240,000 pieces of contraband cigarettes found in the remaining loading rows. The corresponding duties and taxes on contraband cigarettes amount to 2,752,331.74 euros.


Latest News

Trump Tariffs Jeopardize Growth: Piraeus Chamber of Commerce
The tariffs, aimed at reducing the U.S. trade deficit, are expected to have both direct and indirect effects on the European economy

EU Condemns Trump Tariffs, Prepares to Retaliate
As tensions escalate, the EU is expected to continue negotiations with Washington while preparing for potential economic retaliation.

The Likely Impact of Trump Tariffs on Europe and Greece
Trump tariffs are expected to negatively affect economic growth in the Eurozone while Greece's exports could take a hit.

Motor Oil Results for 2024: Adjusted EBITDA of 995 mln€; Proposed Dividend of 1.4€ Per Share
Adjusted EBITDA for 2024 was down 33% yoy. The adjusted profit after tax for 2024 stood at 504 million euros, a 43% decrease from the previous year

Cost of Living: Why Greece’s 3% Inflation Is Raising Alarm
Greece appears to be in a more difficult position when it comes to price hikes, just as we enter the era of Trump’s tariffs.

Fitch Ratings Upgrades the Four Greek Systemic Banks
NBG’s upgrade reflects the bank’s ongoing improvements in its credit profile, Fitch notes in its report, including strong profitability, a reduction in non-performing exposures (NPEs), and lower credit losses

Trump to Announce Sweeping New Tariffs Wednesday, Global Retaliation Expected
With Trump's announcement just hours away, markets, businesses, and foreign governments are bracing for the fallout of one of the most aggressive shifts in U.S. trade policy in decades.

Inflation in Greece at 3.1% in March, Eurostat Reports
Average inflation in the eurozone settled at 2.2%, compared to 2.3% in February

Greece’s Unemployment Rate Drops to 8.6% in February
Despite the overall decline, unemployment remains higher among women and young people.

Jerry Kalogiratos Highlights Key Role of Energy Transition and Data Demand in LNG Outlook
Energy transition and the prospects of LNG were discussed at Capital Link’s 19th Annual International Maritime Forum, during a panel discussion with Jerry Kalogiratos (Capital Clean Energy Carriers Corp.)