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U.S. Company Claims $ 25m From Andritz

Published: October 19, 2011; 14:31 · (Vindobona)

The U.S. company Ovalstrapping accuses the Austrian technology Company Andritz to have copied its technologies. Andritz defends itself.

U.S. Company Claims $ 25m From Andritz / Picture: © Flickr

Andritz is confronted with a lawsuit in the USA. The supplier Ovalstrapping claims compensation for plagiarism. Andritz believes that the allegations are unjustified. The company in fact had already initiated arbitration to seek clarification of these issues, as Andritz is required to do under its contract with Ovalstrapping. Following this action, the supplier initiated a lawsuit…

This article includes a total of 156 words.

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