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.

Webinar: Caterpillar experts to discuss the increasing importance of temporary power
Live event on July 7, will explore how businesses are using temporary power solutions to strengthen energy resilience
Product launch update: new tower cranes
New tower cranes launched into the North American market this year
Why rugged electronics are becoming mission-critical for off-road OEMs
Connectivity and digital controls are reshaping heavy equipment and manufacturers are finding performance depends as much on durable electronics as on the vehicles themselves