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Ballast Nedam Nv

Court in Rotterdam Confirms NMA Fine

7,9 million euros for Ballast Nedam as imposed by the NMA (Netherlands Competition Authority).

Subject of the appeal procedure was the amount of the fine for summary offences of the competition laws in the period 1998-2000. This fine had already been provided for the full amount in the annual accounts of Ballast Nedam and this court decision has no influence on the 2009 results.

Ballast Nedam considers opposing the decision of the Rotterdam Court with the "College van Beroep voor het bedrijfsleven" (Trade and Industry Appeals Tribunal).

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