Recylex reaches agreement on payment terms for cartel fine with European Commission

Significant reduction in annual net loss posted for 2016

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(EU) – The European Commission has accepted a staggered instalment plan for Franco-German group Recylex to pay a €26.7m fine for anti-competitive purchasing price fixing for spent automotive lead batteries. Given the special situation facing the Recylex group, the European Commission had accepted the payment plan ...

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