Issuance of announcement of the European Commission
Following PPC announcements dated February 15 and 16, 2017, PPC informs that the European Commission has opened formal proceedings to investigate PPC’s past activities on the Greek wholesale market. Compliance with competition laws is of great importance to PPC and fully aligned with the company’s business strategy. The opening of the proceedings does not prejudice the outcome of the investigation and PPC is fully committed to closely cooperating with the European Commission to clarify all open issues and remains focused in the business transformation announced in December 2019.
Athens, March 16, 2021