October 17, 2016 / 8:01 AM / 9 months ago

BRIEF-Ellaktor, Intracom Holdings under investigation by Greece's watchdog

1 Min Read

Oct 17 (Reuters) - Ellaktor and Intracom Holdings :

* Said are being investigated, among other companies, by the competition regulator for projects awarded by the state in past years

* Both companies said at this stage is not known when the investigation will be completed and can't speculate on its outcome or possible effect on their finances

* The companies added that according to the greek law, a possible fine can reach up to 10 percent of a company's turnover for the year the violation stopped

Source text: bit.ly/2dlTheC, bit.ly/2emA6U4

Further company coverage:, (Gdynia Newsroom)

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