Score breakdown

Hermes Airports Ltd 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%

Cyprus court upheld €475,761 Hermes Airports fine over valet-parking pricing

The Cyprus Commission for the Protection of Competition found that Hermes Airports abused its dominant position in the supply of parking space at Larnaca International Airport by imposing unfair pricing terms on independent valet-parking providers. Decision 4/2020 of 4 August 2020 imposed a €475,761.47 fine. On 7 May 2025 the Administrative Court dismissed Hermes's judicial-review application in case 664/2020 and upheld the decision. Sources: https://www.competition.gov.cy/competition/Competition.nsf/All/D746AD4A610B9544C2257F3A0021B7A3?OpenDocument= and https://www.legal500.com/guides/legal-landscapes/cyprus-competition-litigation/?export-pdf=