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22. Contingent liabilities

 

 

03/31/2013

 

03/31/2014

 

 

 

 

 

Obligations from bills payable

 

3.7

 

3.5

Surety bonds and guarantees

 

2.9

 

1.6

 

 

6.6

 

5.1

 

 

 

 

 

 

 

In millions of euros

The German Federal Cartel Office (Bundeskartellamt) inspected the business premises of the sales company voestalpine Deutschland GmbH in Munich on February 28, 2013, due to an anonymous tip. The building was searched as a result of the charge of participation in systematic, anti-competitive agreements spanning several years with respect to the supply of strip steel and semi-finished goods to the German automobile industry. After the building was searched, an internal inspection of the company was conducted. No evidence has been found at voestalpine that confirms Federal Cartel Office’s charges. Therefore, these charges are not taken into account in these annual financial statements.

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About voestalpine

The voestalpine Group is a steel-based technology and capital goods group that operates worldwide. With its top-quality products, the Group is one of the leading partners to the automotive and consumer goods industries in Europe and to the oil and gas industries worldwide.

Facts

50 Countries on all 5 continents
500 Group companies and locations
48,113 Employees worldwide

Earnings FY 2013/14

€ 11.2 Billion

Revenue

€ 1.4 Billion

EBITDA

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