Score breakdown

AVAX S.A. Rotten Score Breakdown

Corporate Misconduct

30.0pts

Rotten to the core

Avg Rating: 5.00Ratings: 1Severity Score: 6.00Evidence Count: 1Contribution: 30.0 pts

Misconduct: low 0 · medium 0 · high 1

Remediation: low 0 · medium 0 · high 0ⓘ cap: 25%

Hellenic Competition Commission fined J&P-AVAX €18.3 million for public-works bid rigging

In Decision 642/2017, adopted under the settlement procedure, the Hellenic Competition Commission found that J&P-AVAX S.A. participated in a joint plan for market allocation and bid rigging in public-infrastructure tenders during 2005–2012. The authority imposed a €18,320,193 fine, treated obstruction of two inspections as an aggravating circumstance, and states that the decision is final and was not appealed. AVAX S.A. is the same listed legal entity: the Athens Exchange recorded the change from J. & P. - AVAX S.A. to AVAX S.A. in 2019. Primary HCC source: https://www.epant.gr/en/decisions/item/1226-decision-642-2017.html Corporate-continuity source: https://www.athexgroup.gr/el/documents/10180/5316043/%CE%91%CE%92%CE%91%CE%9E%20A.E.%2002%20-%2005-%202019/b9285fa8-c307-426b-8e8e-da6a484dee4a