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EC re-imposes fine on envelope maker Printeos

Envelopes
20 Jun 2017 − 

The European Commission re-imposed a fine on Spanish envelope maker Printeos (formerly Tompla) for price fixing. The fine had been annulled last year.

The European Commission (EC) re-imposed a fine on Spanish envelope maker Printeos (formerly Tompla) for price fixing.

Last year the General Court annulled the €4.7m fine for insufficient reasoning concerning discretionary fine reductions. Printeos and four other manufacturers (Bong, GPV, Hamelin, Mayer-Kuvert) entered into a settlement agreement with the EC in 2014. As part of the agreement, the fines for Printeos/Tompla as well as the other companies were reduced by 10% by way of a leniency programme.

The re-imposition of the original fine addresses the procedural errors identified by the General Court, the European Commission said in a press release.

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