ACR-News
Know what you want? Try our 'Supplier Directory' 

Danfoss says "top management unaware" of any cartel links

DANFOSS says top management is unaware of any possible compressor price fixing, following anti-trust raids of the company's offices.
Danfoss says
Competition authorities paid unannounced visits to Danfoss in Nordborg in Denmark, Flensburg in Germany and several of Danfoss’s companies in the US on February 17, as part of a global investigation into an alleged compressor cartel involving cooling sector companies.

Referring to the series of surprise visits, Ole Daugbjerg, chief reputation officer, said: ”We are 100% certain that the top management of Danfoss is completely unaware of any possible entrance into such an agreement. Therefore, we are closely monitoring the investigation, and there should be no doubt that it will also have implications within Danfoss if employees have taken part in any kind of illegal and anti-competitive activities.”

Daugbjerg stressed Danfoss would be very surprised if the worldwide investigation shows that the company or some employees have been involved in a cartel.

He added: 'Danfoss is of course cooperating fully with the authorities concerning the searches and investigations which are carried out in this sort of case where competition authorities are investigating an entire sector. It is obvious that the spotlight has been turned on Danfoss too, because we are one of the big players in this market.'

World Refrigeration Day

Industry has embraced the inaugural World Refrigeration Day (WRD) with events happening all over the world....

  25-Jun-2019
ACR News

Keeping the costs down in small businesses

Running a small business can be extremely difficult, the demands and pressures are so different compared to running a business of a larger size. One of the most important aspects of keeping this sort of business afloat is to try to keep costs down ...

  16-Jan-2020

New Zanotti GM Wall Mounted Monoblock

AFR Refrigeration Ltd introduces the new GM range of through wall mounted monoblocks with refreshed modern appearance and upgraded touch style control panel keypad.
  17-Jan-2020
ACR News is the number one magazine in the air conditioning and refrigeration industry. Don’t miss out, subscribe today!
Subcribe to ACR News

Jobs

FULL TIME HVAC SENIOR SERVICE TECHNICIAN IN BERMUDA’

Air Pro Ltd., an Authorized Dealer of Toshiba Air Conditioning, is a progressive HVAC, Sheet Metal and Refrigeration Company that is seeking an ambitious, hardworking and innovative HVAC SENIOR SERVICE TECHNICIAN to join the team in BERMUDA....

Diary

Asercom annual general assembly
ASHRAE Winter Conference
Endo Enterprises "Reduce Heating Bills by up to 15%" Ben Salon
Euroshop
Institute of Refrigeration Annual Dinner