Cement News tagged under: Regulatory violations
Uzbekistan fines Shangfeng cement plant nearly US$400,00028 August 2024, Published under Cement NewsThe Competition Promotion and Consumer Protection Committee of Uzbekistan has found Shangfeng Bridge of Friendship cement plant guilty of engaging in anti-competitive practices, including dumping and restricting the exchange competition. The committee has also forwarded documents concerned with cement sales under direct contracts to the Tax Committee for the assessment of profit tax and VAT. The committee has imposed a fine of nearly UZS5bn (US$396,150) on the Shangfeng Bridge of Frien... |
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