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News Five fined in Spanish cartel case

Five fined in Spanish cartel case

Written by Global Cement staff 18 January 2012
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Spain: Spain's competition watchdog CNC has imposed a fine of Euro11.1m on five cement companies, namely Cementos Portland, Beriain, Cetya, Vresa and Cemex España, which have been accused of setting up a cartel in northern Spain.

Cementos Portland was ordered to pay Euro5.72m, followed by Beriain with a Euro2.5m fine. Next came Cetya and Vresa with fines of Euro1.14m and Euro0.96m respectively. Cemex España will be forced to forfeit Euro0.5m.

Last modified on 18 January 2012
Published in Global Cement News
Tagged under
  • Cartel
  • Spain
  • Cementos Portland Valderrivas
  • Beriain
  • Cetya
  • Vresa
  • Cemex España
  • GCW32

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