A fine of 561,000 euros imposed by a decision of the Minister of Development, Kostas Skrekas, to FRISLANDKABINA HELLAS S.A., dairy companyfor violation of article 54 of Law 5045/29-07-2023 regarding the reduction of unfair profiteering phenomena, after checks carried out by the Inter-Service Market Control Unit (DIMEA).

After the relevant checks on a number of codes, it was found that the company in nine (9) of them, including codes that correspond to baby milk products, achieved higher profit margins than allowed by Greek legislation.

The Minister of Development, Kostas Skrekas, said in this regard: “What we say, we mean. Today we announced a high fine against one of the most well-known companies specializing in, among other things, baby milk. The control mechanisms of the Ministry of Development are in constant readiness. No unfair profiteering practices will be tolerated. Supporting the family is a priority for our government. It is our duty to crack down on profiteering in baby milk, as evidenced by the new measures voted by the Parliament.”