IRELAND: Greencore dispute with European Commission rumbles on
Irish Sugar owner Greencore's legal bid to force the European Commission to pay €154,892 (US$205,633) interest on a refunded fine has an additional lease of life, with the European Court of Justice rejecting a claim by the European Commission of inadmissibility.
The court said the "refusal to pay interest… constitutes an actionable measure", effectively backing an earlier ruling. However, judges also formally set aside that previous ECJ Court of First Instance judgement, meaning Greencore may need further legal action to recoup its money.
Greencore wants Brussels to pay interest on €916,674 repaid after the ECJ's Court of First Instance reduced a competition fine imposed by Brussels in 1997.
Greencore has announced that, following an extensive review of the new European sugar regime, it will stop processing sugar in a move that looks set to spell the end of sugar beet cultivation and proc...
Irish-based food and agribusiness company Greencore has announced a fall in sales and increased losses for the year ended 30 September 2005 hit by exceptional charges associated with restructuring and...
Irish-based food and agribusiness company Greencore has announced a number of initiatives it has undertaken during the last two months aimed at developing the business....
Irish food group Greencore increased profit for the first half year ended 25 March but was hit by the costs of reorganising its sugar arm....
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