BDO: Will the new warranty and guarantee regulation draft be a joy or a joy for the customer and the companies?

By: Trademagazin Date: 2023. 04. 18. 10:48

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In our opinion, our professional material, which is of great interest, is comprehensive and accessible, although it is economic, but it approaches a topic from two sides, which may be of interest to the domestic population, as customers, as well as company managers and investors from the economic side, since it will affect everyone.

The attached material of BDO Magyarország’s financial consulting business was prepared on the draft of the European Union to tighten manufacturer, warranty and service obligations, from an aspect that the domestic media have not yet approached very much.

So our topic: What does it mean for consumer society and what for the corporate sector that the European Union plans to tighten further in order to make the operation of several manufacturing segments more sustainable? From the point of view of consumer society, the most accessible element of this to the public is that it would drastically postpone the warranty and service obligation (and the obligation to supply spare parts) for durable devices distributed in the EU. From the consumer side, this can clearly result in changes, but how does this affect the other side? That is, the professional overview of László Babicz, an employee of BDO Magyarország Pénzügyi Tanácsadó, is also about the economic side of the companies involved.