European Commission Press release Brussels, 9 July 2014 The European Commission has concluded that restructuring measures taken by Slovenia in favour of the national airline Adria Airways were in line with EU state aid rules. …read more
DAK Americas Argentina has reportedly inked a deal to acquire CabelmaPET, a recycling operation in the nation.
DAK produces polyethylene terephthalate resins; reports say the firm’s purchase will allow it to include post-consumer recycled materials into its manufacturing process. Following the merger, the new products will be marketed under the DAK …read more
After Finland fined the nation’s top dairy producer, Valio, reports say the company’s CEO has left the firm, likely as a result of the sanctions.
Valio was forced to pay about $113 million for pricing its products at below market costs to undermine competition. The firm was found to have abused …read more
Hungarian competition authorities have imposed millions of dollars of fines on several concrete companies after they were found to have formed an anticompetitive cartel, say reports.
Eight cement producers were sanctioned a total of $12.3 million for running the cartel between 2007 and 2007, as discovered by the GVH competition watchdog. …read more