If you can see this message, your browser does not support canvas and needs an update. Sorry. :(
Wednesday, November 22, 2017 
Market Status: CLOSE
About us and Governance Investor Relations Contact
Advanced search

Market News


ELECTROMAGNETICA SA - ELMA

Litigation

Release Date: 11/10/2017 8:23:54 AM

IRIS Code: 3A757

CURRENT REPORT

Report date: 10.11.2017

Important events to be reported: verdict postponed for the Case 3778/2/2016 pending before the Bucharest Court of Appeal

With regard to Case no. 3778/2/2016 pending before the Bucharest Court of Appeal concerning the annulment of the administrative act (Decision no. 82/24.12.2015 of the Competition Council penalizing Electromagnetica for alleged anti-competitive actions and Order no. 297/03.03.2012 of the President of the Competition Council), we hereby inform you that on the trial date November 9, 2017, the court postponed the delivery of the verdict until November 23, 2017.

Court's decision in short: Considering the time to deliberate, and to offer the parties the possibility to submit their conclusions in writing, the delivery of the verdict is postponed until 23.11.2017. Delivered in the public session from today, 09.11.2017.

Sincerely,

Eugen Scheusan

General Manager



 Print

Information provided by IRIS, the news platform of the Bucharest Stock Exchange.

______________________

Bucharest Stock Exchange ("BVB") is not responsible for the content of this News item. Issuers whose financial instruments are traded on markets operated by BVB are required to report in accordance with current legal and regulatory provisions. BVB publishes these Reports as market administrator, appointed by ASF. When, for investors’ information, Reports are published, either signed by different persons, or with conflicting information, legal liability lies fully with the signatories. BVB disclaims any obligation or responsibility towards issuers or third parties, regarding the reality, completeness and accuracy of information provided by them and distributed by BVB. Website users are responsible for checking content. Any news item (including any prospectus) which is addressed solely to the persons and countries specified therein should not be relied upon other than by such persons and/or outside the specified countries. Terms and conditions, including restrictions on use and distribution apply.


©2016 Bucharest Stock Exchange. All rights reserved