Podcast in English
Text size
Bulgarian National Radio © 2024 All Rights Reserved

Bulgarian companies join lawsuit against European truck manufacturers cartel

Photo: Radio Vidin

More than 30 Bulgarian transport firms have joined the collective action of 1,000 companies from 17 countries for compensation from heavy truck manufacturers. The lawsuit is against a price cartel between 6 leading truck manufacturers. 

The cartel was established by the European Commission in 2014 as it used to hold 90% of Europe's trucks production and market. The manufacturers were fined € 1.3 billion for market manipulation. 
Entrepreneurs are now claiming damages of between € 5,000 and € 10,000 for each truck purchased. Bulgarian companies have acquired over 1,100 machines. 
The Munich-based court has started work on the lawsuit.




Последвайте ни и в Google News Showcase, за да научите най-важното от деня!
Listen to the daily news from Bulgaria presented in "Bulgaria Today" podcast, available in Spotify.

More from category

Ivan Demerdzhiev

Former Minister of Interior Demerdzhiev: Rumen Radev's position on the fairness of the vote should not remain without consequences

In the elections on October 27 this year there were problems in both phases of the process - when the votes were submitted and when they were counted, former acting minister of interior Ivan Demerdzhiev told the BNR. According to him,..

published on 11/3/24 11:18 AM

249 RES projects will be financed under the National Recovery and Resilience Plan

A total of 249 projects for electricity generation from renewable sources and electricity storage, worth about 268.9 million euros will be financed under the National Recovery and Resilience Plan, the Ministry of Energy reported. The..

published on 11/3/24 10:05 AM
Biosphere park Central Balkan

International Day for Biosphere Reserves popularizes the idea of finding a balance between nature and humans

Today, 3 November, is International Day for Biosphere Reserves, declared by UNESCO’s Man and the Biosphere programme. On this occasion, as of the second half of October, the regional departments of the Ministry of Environment and Water launched a..

published on 11/3/24 8:05 AM