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General Cable
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« ETHICAL » RATING OF GENERAL_CABLE
, group
Vivendi
and subsidiaries
[click on the images below or on help for more information] |
| Job: 9% of company's jobs cut since 1998 |
| Delinquency: 15 act(s) of financial or trade delinquency |
| Tax haven, secret bank account, shell companies: operates in 6 offshore financial center(s) |
| Sales: more than 22 billion(s) dollars/euros in annual sales |
| Top management: earns 1453 times the median income in the United States (32000 US$/year) |
| Influence: 5 act(s) of direct corruption or lobbying |
| Advertising & marketing: 1 dubious practice(s) |
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year | financial misdemeanor | | | | | source |
| 2007 |
The Council of competition imposed a total fine of 19,5 million euros to five manufacturers of electric cables to have gotten along at the time of two invitations to tender launched by EDF between 2002 and 2004. With final, Nexans will have to pay 9,45 million euros of fine, Prysmian Energies Cables and Systems 4,77 million, Safran 3,73 million, Grupo General Cable Sistemas 900.000 euros, and Draka Paricable 675.000 euros. The agreement related to the prices suggested within the framework of two invitations to tender of 35 and 200 million euros launched by EDF in order to meet its requirements in cables high voltage intended for the overhead and underground grids, specified the Council. |
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