The European Commission's decision on anticompetitive behavior in the markets of plastic trays used for retail packaging
(Thomson Reuters ONE) -
HUHTAMÄKI OYJ STOCK EXCHANGE RELEASE 24.6.2015 AT 13:40
The European Commission's decision on anticompetitive behavior in the markets of
plastic trays used for retail packaging
In September 2012 Huhtamäki Oyj received the European Commission's statement of
objections concerning alleged anticompetitive behavior in the markets of plastic
trays used for retail packaging of fresh food during years 2000-2008. The
European Commission has today announced the outcome of its investigations.
The European Commission has found certain of Huhtamaki's former operations to
have been involved in anticompetitive practices. The concerned operations are no
longer part of Huhtamaki as they were part of the Group's rigid consumer goods
business in Europe that was closed down or divested in years 2006 and 2010.
Based on infringements in North-West Europe and France during years 2002-2006
the European Commission has imposed a EUR 15.6 million fine on Huhtamaki. The
fine and related legal costs of approximately EUR 2 million will be recognized
as a non-recurring expense in the Group's Q2 2015 result.
Huhtamaki will examine the European Commission's decision and decide on
potential further actions.
For further information, please contact:
Sami Pauni, SVP, Corporate Affairs and Legal, Group General Counsel, tel.
+358 10 686 7872
Katariina Hietaranta, Head of Group Communications, tel. +358 10 686 7863
HUHTAMÄKI OYJ
Group Communications
Huhtamaki is a global specialist in packaging for food and drink. With our
network of 68 manufacturing units and 23 sales offices in 34 countries, we're
well placed to support our customers' growth wherever they operate. Mastering
three distinctive packaging technologies, approximately 16,000 employees develop
and make packaging that helps great products reach more people, more easily. In
2014 our net sales totaled EUR 2.2 billion. The Group has its head office in
Espoo, Finland and the parent company Huhtamäki Oyj is listed on NASDAQ OMX
Helsinki Ltd. Additional information is available at www.huhtamaki.com.
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originality of the information contained therein.
Source: Huhtamäki Oyj via GlobeNewswire
[HUG#1930999]
Unternehmensinformation / Kurzprofil:
Datum: 24.06.2015 - 12:40 Uhr
Sprache: Deutsch
News-ID 402746
Anzahl Zeichen: 2838
contact information:
Town:
Espoo
Kategorie:
Business News
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