PEJANOVIC: Grey market the second-ranked trader in Serbia

Last night, the General Manager of Mercator-S, Stanka Pejanovic, said that some 10% of fast moving consumer goods passes through black-grey one which results in grey market being the second-ranked trader in size in Serbia.

- Officially, the second-ranked trader has six to seven percent of the FMCG market but since grey market has 10% it practically takes the second position – Pejanovic said at the conference organized by the Serbian Association of Managers.

She said that the grey market functions in a way that, for example, goods from Hungary can be ordered via Internet and that there are mini cold storages in Becej which deliver ordered goods to consumers’ homes.