2 million trade mark applications received at EUIPO

EU trade markThe Czech company Crefoport s.r.o has become the two millionth EU trade mark applicant at the European Union Intellectual Property Office (EUIPO).

Crefoport s.r.o. is a business consultancy based in Prague, which has been assisting both Czech and international companies to manage credit risks since 1993.

The two millionth EU trade mark application represents an important milestone for the EUIPO, coming as it does 25 years after it was founded as a decentralised agency of the EU in Alicante. Spain.

During its two and a half decades of existence, the EUIPO has become an European Union agency with a global reach. It received its one millionth application in 2011, and since then has experienced a rapid growth in demand for the EU trade mark, from nearly every country and region in the world.

In 2018 alone, the European Union Intellectual Property Office received 152 488 applications, a 4.16% increase when compared with 2017.

The EU trade mark has therefore become an important support to the Internal Market of the European Union, and a vital tool for both EU and international enterprises doing business in the EU-28.

EU trade marks give protection in all Member States of the Union. They are valid for 10 years and can be renewed indefinitely, 10 years at a time for each renewal.

Source: European Union Intellectual Property Office