“Podem Gabrovo” Ltd. fined for unfair competition

In 2011, Podemcrane AD began court trial proceedings against “Podem Gabrovo” Ltd. – a local competing manufacturer of hoists, who illegally misused the name and trademark “Podem”.

The Commission on Protection of Competition (CPC) found that “Podem Gabrovo” Ltd. has committed a violation of the Law on Protection of Competition under the form of unfair competition.
CPC has imposed a fine of 112,000 BGN and ordered the termination of the violation and immediate implementation of the decision.

The court’s decision concluded a lengthy process, during which Podemcrane AD (Podem), Gabrovo, successfully defended its name and trademark.

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