Outokumpu - Antitrust investigation in Germany has been terminated

Outokumpu Oyj
Press release
May 15, 2018 at 9.00 am EEST

Outokumpu – Antitrust investigation in Germany has been terminated

In September 2016, Outokumpu learned of a cartel investigation initiated by the German Federal Cartel Office involving, among others, Outokumpu Nirosta GmbH, Outokumpu’s subsidiary in Germany. Outokumpu initiated, at that time, an internal investigation and became convinced that the official investigation is without merit, as far as Outokumpu is concerned.

Outokumpu has received an official notification from the German Federal Cartel Office stating that the investigation against Outokumpu Nirosta GmbH has been terminated.

For more information:

Matti Louhija, SVP, Corporate General Counsel, tel. +358 9 421 5508 / Corporate Communications, tel. +358 9 421 3840

Outokumpu Group

Outokumpu is the global leader in stainless steel. We aim to be the best value creator in stainless by 2020, through our competitive edge of customer orientation and efficiency. The foundation of our business is our ability to tailor stainless steel into any form and for almost any purpose. Stainless steel is sustainable, durable and designed to last forever. Our customers use it to create civilization’s basic structures and its most famous landmarks as well as products for households and various industries. Outokumpu employs 10,000 professionals in more than 30 countries, with headquarters in Helsinki, Finland and shares listed in Nasdaq Helsinki. www.outokumpu.com      outokumpu.com/stainless-news