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

Bulgarian women live 7.4 years longer than men

300 women and 96 men  can share memories of Bulgaria from the last 100 years. The highest number of centenarians is in Sofia, indicate data from the National Statistical Institute on the occasion of October 1- the International Day of Older Persons...

published on 10/1/24 10:41 AM

Four Bulgarian MEPs to be part of the delegation to the EU-North Macedonia Joint Parliamentary Committee

Four Bulgarian MEPs will be part of the delegation to the EU-North Macedonia Joint Parliamentary Committee, the European Parliament announced. The Bulgarian representatives in the delegation to the EU-North Macedonia Joint Parliamentary Committee are..

published on 10/1/24 10:23 AM
Ministry of Justice building

The structure of Russian properties in Bulgaria is unclear

Bulgaria has information on the holdings of companies with Russian involvement , but the scale and type of their investments are not entirely clear, caretaker Minister of Justice Mariya Pavlova said in response to questions asked by MP Martin..

published on 10/1/24 10:04 AM