ThyssenKrupp Gft Gleistechnik to pay fines for rail cartels

Germany-based steelmaker ThyssenKrupp has announced that its German-based subsidiary ThyssenKrupp GfT Gleistechnik GmbH has been sentenced by the German Federal Cartel Bureau to a penalty of 103 million for rail cartel cases.
For more than a year, the Federal Cartel Bureau has been investigating various companies operating in the country's railway sector. The review, including ThyssenKrupp, included steel shipments to the German national railway company Deutsche Bahn. Companies under ThyssenKrupp GfT Gleistechnik GmbH, subject to inspection, will also be fined.
ThyssenKrupp's penalty was reduced because he cooperated with the institutions that carried out the review and shared the developments in accordance with the principle of transparency with his customers.

Source : www.steelorbis.com.t is

About Levent Ozen
Every year, high-speed rail sector, the European leader in the growing Turkey. Investments in railways, which take this speed from high-speed trains, continue to increase. In addition, with the investments made for transportation in the city, the stars of many of our companies making domestic production shine. It is proud that Turkish high-speed tren national train ”production has been started in addition to the companies producing domestic tram, light rail and subway vehicles. We are very happy to be in this proud table.

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