European Court of Justice dismisses Schindler appeal

18.07.2013

Contacts

For media:
Nelly Keune
Chief Communications Officer
Tel. +41 41 445 30 60
corporate.communications@schindler.com

For investors & analysts:

Marco Knuchel
Head Investor Relations
Tel. +41 41 445 30 61
investor.relations@schindler.com

The Court of Justice of the European Union on July 18, 2013 dismissed an appeal by Schindler companies against a 2011 judgment of the General Court. In the appealed judgment the General Court had upheld a fine for competition law infringements levied by the European Commission in 2007. Schindler regrets today's decision and will now closely analyze the judgment. Schindler paid the fine in the amount of € 143.7 million in 2007.