Locked content Grupa Żywiec may pay PLN 68 mln fine

Grupa Żywiec may have to pay a PLN 68 million fine as a result of control by tax office in Katowice, the company informed. The control referred to the 2013 corporate tax declaration. According to the tax office protocol, Żywiec incorrectly accounted for revenues and costs related to the settlement o...

Locked content KNF imposes fines on Raiffeisen Bank Polska SA

Polish Financial Supervision Authority KNF imposed on  Raiffeisen Bank Polska SA fine of PLN 5 million due to violations of law regarding investment funds, KNF said on Friday. The fines were imposed because the bank did not perform its depositary functions for the funds currently in liquidationprope...

Locked content EU Court of Justice dismisses Orange’s appeal

EU Court of Justice dismissed Orange Polska’s appeal against  European Union Court decision to impose a €127.6 million fine, the company said. The decision is final, Orange Polska will pay the penalty plus the interest of €23.7 million as of June 30, 2018. In 2011, the European Commission impo...

Locked content EC imposes €4.34 bln fine on Google

The European Commission imposed a record €4.34 billion fine on Google over “serious illegal behavior” to secure the dominance of its search engine on mobile phones. Google has used its Android mobile phone operating system “to cement its dominance as a search engine,” thus pr...