Rieker
Cartel law discourages Wortmann's investment in Salamander
27.05.2011 2519

Cartel law discourages Wortmann's investment in Salamander

According to the press services of leading shoe manufacturers in Europe, companies era from Langenfeld (Germany) and Wortmann from Detmold (Germany), planned creation of a joint venture with the company salamander will not be held due to the presence of significant legal disagreements in the field of cartel law. Both companies came to the conclusion that the conditions under which joint ventures of this level must meet the requirements of competition law are too big an obstacle for successful business in the future.

Negotiations have been ongoing for more than a year, during which agreements were reached on all other items. Recently, the terms of cartel law have been further tightened, forcing companies to decide to suspend a joint project. Enterprises with partners that are competitors in certain areas of activity are required to comply with extremely high requirements today. The decisions recently adopted by the German Federal Office for Cartel State Oversight put the planned collaboration ahead of insoluble tasks. Moreover, the Federal Agency for State Supervision of the Activities of Cartels is not required to issue a permit with confidence protection, despite the presentation of all contracts. And since there are no legal guarantees whatsoever, both companies believe that in this case it is almost impossible to assess potential risks. This, in the end, led to the adoption of this decision.

According to the press services of the leading shoe manufacturers in Europe, ara companies from Langenfeld (Germany) and Wortmann from Detmold (Germany), the planned creation of a joint ...
5
1
Rating

Latest News

Geox chose actress and TV presenter Yulia Vysotskaya as brand ambassador

The Italian brand Geox presented its first brand ambassador in Russia, actress and TV presenter Yulia Vysotskaya, and presented a new capsule collection of shoes and accessories for the spring-summer 2023 season, on which Geox designers worked…
09.12.2022 264

In St. Petersburg and the region, the volume of commissioning of warehouse real estate approached a record

According to the consulting company Nikoliers, in 2022, about 343 sq. m of quality warehouse space. This is 2,1 times higher than the figure for the whole of 2021, when…
08.12.2022 317

Uzbek shoemakers gather at Euro Shoes

Yan Belyaev, founder of the Euro Shoes premiere collection exhibition, and Uzcharmsanoat Fahriddin Boboev, chairman of the Association of Footwear Manufacturers of Uzbekistan, met at the BIOT-2022 international exhibition in Moscow and confirmed the importance of participation…
08.12.2022 252

Bata launches shoe collection made from recycled plastic bottles

Bata presented a collection of their Power brand called Love Ocean. The collection includes athletic-style shoes with lightweight and breathable uppers made from recycled single-use plastic bottles.
07.12.2022 305

Stores of Turkish brands will open instead of Mark & ​​Spencer and Gap in Russia

Stores of Turkish fashion brands Network, Beymen, Mudo will open at Mark & ​​Spencer and Gap squares, which are shutting down business in Russia, the telegram channel reports…
07.12.2022 488
When you sign up, you will receive weekly news and articles about the shoe business on your e-mail.

To the beginning