voestalpine AG reaction to today’s announcement by the German Bundeskartellamt on the subject of the “Special steel cartel”
With respect to the press release issued today by the Bundeskartellamt, German federal cartel office, on the subject of the “Special steel cartel”, voestalpine AG confirms its involvement in the stated proceedings. The investigations of the Bundeskartellamt into this issue had already been made public back in November 2015, following searches conducted by the Bundeskartellamt on the premises of competitor companies. The Bundeskartellamt procedure was initiated subsequent to an application under the Leniency Notice submitted by voestalpine AG. As the principal witness, no fines were imposed on the voestalpine Group.