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German Federal Cartel Office Conducts Investigation at voestalpine Klöckner Bahntechnik

The German Federal Cartel Office recently conducted an inspection at the office of voestalpine Klöckner Bahntechnik GmbH in Duisburg. Among other activities, voestalpine Klöckner Bahntechnik is active in the trading of rails for the Division Railway Systems in Germany.
 
The inspection at the offices of voestalpine Klöckner Bahntechnik GmbH was conducted because of possible anti-competitive practices in the German market for rails. In addition to the original inspection on May 11, a further inspection took place on May 12th at the office of the rail producer TSTG Schienen Technik GmbH & Co KG in Duisburg.
 
voestalpine AG stated that it takes these allegations seriously and will openly and fully cooperate with the authorities.