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> Economy

Development Ministry imposes €5.5M fines on multinational companies for unfair profit practices

Eight multinational companies, including Johnson & Johnson and Jacobs Douwe Egberts, face significant fines for violations under Article 54 of Law 5045/2023

Newsroom December 18 01:10

The Ministry of Development announced fines totaling €5.5 million on eight multinational companies as part of ongoing inspections into 26 major corporations. The sanctions were implemented under Article 54 of Law 5045/2023.

A thorough inspection of 443 product codes revealed violations for unfair profit practices in 191 cases. Development Minister Takis Theodorikakos accepted the recommendations of the Interagency Market Control Unit (DIMEA) and signed the decisions to impose the fines.

Companies Penalized:

The following companies have been fined and notified as per legal procedures:

  • S.C. Johnson Hellas E.P.E. (Cleaning Products): €267,100
  • Henkel Hellas A.B.E.E. (Personal Hygiene & Care Products): €286,000
  • Elais Unilever Hellas A.E. (Cleaning & Personal Hygiene Products): €516,000
  • Colgate Palmolive Hellas Commercial S.A. (Personal Hygiene & Care Products): €535,000
  • FAGE Greece Dairy Industry S.A. (Yogurt & Cheese): €924,000
  • Jacobs Douwe Egberts GR E.P.E. (Coffee): €1,000,000
  • FrieslandCampina Hellas A.E. (Yogurt): €1,000,000
  • Johnson & Johnson Hellas Consumer Products S.A.E.E. (Personal Hygiene & Care Products): €1,000,000

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#fines#Jacobs Douwe Egberts#Johnson & Johnson#Ministry of Development#multinational companies#unfair profit practices
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