Possible bribery during 2009-2011 identified in Caverion’s project in Germany
As informed previously Caverion actively co-operates with authorities in the investigation of violations of competition law related regulations in the technical services industry in Germany. As part of this co-operation Caverion has identified activities during 2009-2011 that are likely to fulfil the criteria of corruption or other criminal commitment in one of its client project executed in that time. Caverion has brought its findings to the knowledge of the authorities and supports them to further investigate the case.
It is possible that these infringements will cause considerable damage to Caverion in terms of fines, civil claims as well as legal expenses. However, the magnitude of the potential damage cannot be assessed at the moment. Caverion is monitoring the situation and will disclose any relevant information as applicable under regulations.
More information: Fredrik Strand, President and CEO gives further information; please contact Päivi Alakuijala, VP, Marketing and Communications, tel. +358 40 8400 251
Milena Hæggström, Head of Investor Relations, tel. +358 40 5581 328, milena.haeggstrom@caverion.fi
CAVERION CORPORATION
Distribution: Nasdaq Helsinki, principal media, www.caverion.com