Statement from DYWIDAG-Systems International (“The DSI Group”)
In Spain, the DSI Group operates through its subsidiary Dywidag Sistemas Constructivos S.A. (“DSC”).
The DSI Group is aware of the announcement made by the Comisión Nacional de la Competencia (the Spanish Competition Authority) on 3 August 2010 relating to its recent investigation visits and the opening of a formal case against certain participants in the Spanish Post Tensioning and Geotechnics industry.
The DSI Group is co-operating fully with the Competition Authority during its investigation of what, as far as it affects DSC, is a historic issue.
Alan Bate, Chairman and CEO of the DSI Group, commented: “Under my leadership, the DSI Group has adopted a clear ethics and compliance policy. We are committed to operating in accordance with high moral and ethical standards that embrace and go beyond the laws of each country in which we operate. The management of all our fully owned subsidiaries are held fully accountable for compliance.”
Alan Bate Chairman and Chief Executive Officer