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Danfoss offices raided by anti-trust authorities

DRAMATIC raids have been carried out at Danfoss sites in Denmark, Germany and the United States as part of investigations into suspicions of a global compressor market cartel.
Danfoss has confirmed anti-trust authorities are investigating the Danish firm as part of a cartel probe into alleged collusion and price fixing in the compressor industry.

Raids have been carried out by the European Union commission on the offices of several compressor industry companies. Searches and subpoenas have gone out in several countries including Denmark, Germany, Brazil and the US.

Tecumseh Products Co. has confirmed it has received a subpoena from the US Department of Justice, as part of the global probe.

Under EU law, companies can be fined as much as 10% of annual sales for breaking antitrust rules.

Coronavirus industry update

UPDATED 22 April: In response to the Coronavirus pandemic, manufacturers, wholesalers and distributors are issuing statements regarding their operations as the situation evolves. The most up to date information from each company is listed below and ...

  25-Mar-2020

High temperature CO2 heat pump increases hot water efficiency

Mitsubishi Electric has announced the launch of a new commercial heating system running on CO2 (R744) to deliver hot water up to 90°C and help businesses increase the efficiency of hot water production whilst significantly reducing their carbon ...

  21-Sep-2020

Fridge Freezer Direct Introduces J & E Hall's range of Cellar Cooling

Reliable and energy efficient, the JCC range of cellar coolers are designed to be used in wine and beer cellars above or below ground.
  21-Sep-2020
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