Fine of 742,000 euros to the frozen food company, “AINOS” 2024-03-07 07:46:46

Fine of 742,000 euros to the frozen food company, “AINOS”
 2024-03-07 07:46:46

According to an announcement by the ministry, the fine was imposed for a violation of article 54 of Law 5045/29-07-2023 regarding the reduction of unfair profit-making phenomena, following checks carried out by the Interagency Market Control Unit (DIMEA).

Specifically, following conducting close checks on 72 product codes (1/7/2023 to 30/9/2023), it was found that the company in 50 codes obtained a higher gross profit margin than what is stipulated by the relevant legislation.

The Minister of Development, Kostas Skrekas, said: “The battle to fight once morest accuracy and the phenomena of profiteering is continuous and daily. Controls are permanent, they will be intensified and, where provided by law, stiff fines will be imposed. We are not complacent until there is order and prosperity throughout the market. Cracking down on any illegal activity and protecting consumers is our obligation. The only criterion of the government and the Ministry of Development is the implementation of the law and the support of households affected by inflation.”

Source: RES

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