Podcast in English
Text size
Bulgarian National Radio © 2025 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

Arda River

Bulgaria offers Greece a 5-year agreement on the waters of the Arda River

5 years for Bulgaria to provide waters from the Arda River to Greece for irrigation was approved as a proposal to Greece by the Bulgarian government. The draft joint declaration on the use of the waters of the Arda River states that the two sides..

published on 5/1/25 12:02 PM
Andrii Sybiha and Georg Georgiev at the NATO meeting

Ukraine invites Bulgarian foreign minister to visit Kyiv on May 9

Ukrainian Foreign Minister Andrii Sybiha had a telephone conversation with his Bulgarian counterpart Georg Georgiev. The two discussed steps to achieve a just peace and ways to develop mutually beneficial cooperation. The Ukrainian first diplomat wrote..

published on 5/1/25 10:35 AM

16 EU countries, including Bulgaria, will increase defense spending through higher budget deficit

16 EU countries will ask to be allowed to temporarily not apply the rules on budgetary stability in order to be able to make defense spending. Bulgaria is among them, BTA reports. The European Commission presented a White Paper on the future of..

published on 5/1/25 9:43 AM