Slovakian cartel
Premium Content
24 April 2008
Slovakia's council of the Anti-Monopoly Office has fined Skanska SEK 67 million (€ 7,23 million) over its alleged involvement in a price fixing arrangement during the tendering for the country's D1 highway.
Fines have been imposed on all six companies involved in the tendering, in which Skanska was part of a joint venture with a local contractor. The other five companies are Strabag, DopraStav, Mota-Engil, IS, Betamont. Fines imposed range from 1,5 to 2% of each company's turnover in Slovakia in the year in question.
A statement from Skanska said, “Skanska disagrees with the Council's decision and is now considering further legal actions.
Company adds hundreds of new pumps in anticipation of extreme El Niño weather events.
Chinese construction equipment manufacturers are becoming an established competitive force in South America rather than simply a low-cost alternative, according to a white paper from Off-Highway Research
Integrated technology is helping contractors improve accuracy, productivity and control without neglecting the fundamentals of machine performance