Huhtamaki received the European Commission's statement of objections
HUHTAMÄKI OYJ STOCK EXCHANGE RELEASE 28.09.2012 AT 17:00
Huhtamäki Oyj has received the European Commission's statement of objections concerning alleged anticompetitive behavior in the markets of plastic trays used for retail packaging of fresh food, such as meat and poultry, in South-West Europe, North-West Europe and France. The alleged infringements of EU competition regulations relate to the Group's operations during years 2000 - 2008. Most of the operations referred to in the statement of objections were part of the Group's rigid plastic consumer goods business in Europe that has been closed down or divested in years 2006 and 2010. The remaining part of the concerned operations is reported within the Foodservice Europe-Asia-Oceania segment and its annual net sales are approximately EUR two million. The Group's other business segments, Flexible Packaging, Films, North America and Molded Fiber, are not affected.
The statement of objections is addressed to Huhtamäki Oyj and certain of its subsidiaries. Huhtamäki Oyj will examine the documents received from the European Commission and will respond to the statement of objections as requested by the European Commission.
For further information, please contact:
Jukka Moisio, CEO, tel. +358 10 686 7801
Timo Salonen, CFO, tel. +358 10 686 7880
Sami Pauni, Group VP Legal, and General Counsel, tel. +358 10 686 7872
Katariina Hietaranta, Head of Group Communications, tel. +358 10 686 7863
Huhtamaki Group is a leading manufacturer of consumer and specialty packaging with 2011 net sales totaling EUR 2 billion. Foodservice and consumer goods markets are served by approximately 14,000 people in 62 manufacturing units and several sales offices in 31 countries. The parent company, Huhtamäki Oyj, has its head office in Espoo, Finland and its share is quoted on NASDAQ OMX Helsinki Ltd. Additional information is available at www.huhtamaki.com.