EANS-Adhoc: voestalpine AG
EU fines on prestressing steel producers -
voestalpine affected by EUR 22,000,000
ad-hoc disclosure transmitted by euro adhoc with the aim of a Europe-wide distribution. The issuer is solely responsible for the content of this announcement.
Antitrust Issues
30.06.2010
voestalpine has today been informed that the EU Commission has imposed fines, following action taken against a number of European prestressing steel manufacturers, including voestalpine Austria Draht GmbH. The fine imposed on voestalpine is EUR 22,000,000.
The detailed content of the official notification of the fine has not yet been made available. At this stage, it is therefore not possible to make any comment on the reasons given for imposing the fine, nor on the actual amount. During all stages of the proceeding, voestalpine has made it abundantly plain to the EU Commission that the company has never been involved in the prestressing steel cartel. The company therefore will take legal action against the decision.
No further comment can be made at this stage.
end of announcement euro adhoc
Further inquiry note:
DI Peter Fleischer
Head of Investor Relations
Tel.: +43/50304/15-9949
Fax: +43/50304/55-5581
mailto:peter.fleischer@voestalpine.com
http://www.voestalpine.com
Branche: Metal Goods & Engineering
ISIN: AT0000937503
WKN: 897200
Index: WBI, ATX Prime, ATX
Börsen: Wien / official market