Italian batterymaker Elettra 1938 given more time to pay EU cartel fine
By Lewis Crofts ( June 26, 2026, 10:05 GMT | Insight) -- Italian battery manufacturer Elettra 1938 has been given more time by EU judges to pay a €15.6 million cartel fine, setting out a payment plan in instalments, after finding that immediate payment could threaten the company's survival. The case stems from the European Commission's December 2025 decision fining Elettra for participating in a single and continuous infringement involving automotive starter batteries.Italian battery manufacturer Elettra 1938 has been given more time by EU judges to pay a €15.6 million ($17.8 million) cartel fine, setting out a payment plan in instalments, after finding that immediate payment could threaten the company's survival....
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