Austria: EU Competition Authority to Search Agrana

Politics ♦ Published: May 15, 2013; 11:21 ♦ (Vindobona)

The European competition authority has paid a visit to listed starch and sugar producer Agrana in April.

Austria: EU Competition Authority to Search Agrana / Picture: © AGRANA Beteiligungs-AG

According to a spokesman of the EU competition authority, there were house searches in the enterprises Nordzucker, Südzucker and Agrana on April 23. Agrana confirmed the inspections yesterday during the financial statement press conference in Vienna. CFO Walter Grausam stressed that Agrana had a clean slate and annouced the investigators had left the company’s headquarters without…