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Parker ITR Spa

Headquarters : Via G B Pirelli 6, Veniano, I-22070 Italia Italia web tel. 39 031 936111 analytics


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« Ethical » rating of Parker ITR Spa , group and subsidiaries

Fraud 1
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yearfinancial misdemeanor source
2008 The European Commission has imposed a total fine of 131.5 million euros in five companies accused of price fixing of marine hoses used to fill the tanks of crude oil tankers. The cartel between the Japanese Bridgestone (ordered to pay 58.5 million euros), the Anglo-German Dunlop Oil and Marine (18 million), the Swedish Trelleborg (24.5 million), and Italians Parker ITR ( 25.6 million) and Manuli (4.9 million) lasted from 1986 to 2007. Yokohama Japan, who participated to the cartel but has denounced it the European Commission, has avoided the penalty.    
yearfinancial misdemeanorsalesincomeassetsbuybacksource
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