Polish PKP CARGO received PLN 60 million in the form of returned penalty from Office of Competition and Consumer Protection (UOKiK)

As a result of the verdict of the Supreme Court of 3 October 2013, the  Office of Competition and Consumer Protection (UOKiK) transferred to the bank account of PKP CARGO the return of penalty imposed in 2009 in the amount of PLN 60,4 million.

Warsaw, Poland, 09-12-2013 — /EuropaWire/ — The penalty imposed by the  Office of Competition and Consumer Protection in July 2009 concerned a refusal of PKP CARGO to offer rail transport of goods to its competitors on special conditions, that is by making agreements with discounts from the Company’s tariff of goods. Decisions of the  Office of Competition and Consumer Protection were affirmed by further instances (the  Court of  Competition and Consumer Protection, Court of Appeal), therefore PKP CARGO paid the imposed penalty and at the same time made a cassation appeal to the Supreme Court.

On 3 October the Supreme Court overruled the judgments of the  Court of  Competition and Consumer Protection, Court of Appeal and ordered judicial review by the court of the first instance. Return of the penalty is a consequence of the verdict of the  Supreme Court.

– I am glad that the arguments we presented convinced the Supreme Court. It is hard to overestimate the importance of this verdict because it has a system significance for the judiciary of the Office of Competition and Consumer Protection and it will have a positive impact on antimonopoly  practice For such companies as PKP CARGO it is very significant, because it strengthens realizing a taken development strategy based on expansion. Moreover, the regained PLN 60 million will obviously be beneficial for our financial situation and investment possibilities  – Adam Purwin, C.F.O., acting C.E.O. of PKP CARGO S.A. said.

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