Trade Secret Protection Obligations Of Employees In Bulgaria

• Published date: 12 January 2024
• Subject Matter: Intellectual Property, Trade Secrets
• Law Firm: Eurofast
• Author: Ivayla Evtimova

In Bulgaria, the Trade Secrets Protection Act governs the safeguarding of confidential information. The Act defines trade secrets as information not generally known or easily accessible, possessing commercial value, and subject to reasonable confidentiality measures.

Employee Breaches: Legal Consequences

If an employee breaches their obligation to protect their employer's trade secrets, legal action can be taken. This includes pursuing civil damages and criminal penalties.

To prevent breaches, employers may require employees to sign non-disclosure agreements (NDAs) prohibiting the disclosure of confidential information to third parties.

NDAs may also contain non-compete clauses, restricting employees from working for competitors for a defined period.

Additional Protective Measures for Employers

Employers can implement various measures to protect trade secrets and confidential...