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

Vice-President Iliana Iotova: This National Assembly lacks legitimacy

Speaking to journalists during her visit to the town of Gotse Delchev in the Blagoevgrad region, Vice-President Iliana Iotova described the newly elected National Assembly as "illegitimate".  According to her, the reports of violations and the..

published on 11/7/24 6:34 PM

Weather forecast: Daytime highs expected to increase by 1°C-2°C

On Friday, there will be fog in the valleys. The lowest temperatures will range between minus 5°C and 0°C, for Sofia around minus 3°C. It will be sunny during the day. The maximum temperatures will range from 14°C to 19°C, for Sofia around 16°C...

published on 11/7/24 5:20 PM
Borislav Gutsanov

BSP and ITN want to give the full rights for forming caretaker cabinet back to the president

BSP and ITN will ask the Constitutional Court to give the full rights to form a caretaker cabinet back to the president, Borislav Gutsanov from BSP - United Left has told the BNR. "BSP-United Left will be the guardians of the..

published on 11/7/24 4:01 PM