Slovak hauliers could recover up to €340 million due to a price-fixing truck cartel

The estimated number of affected trucks in Slovakia amounts to 34,000 vehicles.

Jan-Eike Andresen of Financialright Claims at the press conference in Bratislava on July 10.Jan-Eike Andresen of Financialright Claims at the press conference in Bratislava on July 10. (Source: TASR)

Slovakia’s road haulage association ČESMAD supports the Europe-wide initiative to recover damages of hauliers incurred as a result of a cartel of several leading truck manufacturers. The case around the sale and leasing of trucks at elevated prices concerns about 400 transport companies in Slovakia and more than 10,000 registered vehicles lasting for several years.

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“The association offered help to its members, who had the opportunity to join the case and claim compensation for elevated prices of bought trucks via registration,” Martina Baumann, spokeswoman for the road haulage association has informed, as cited by the SITA newswire. “With the law firm Hausfeld, ČESMAD Slovakia has signed a contract on mediation.”

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