Byggmax Group AB : Byggmax appeals the additional charging of customs for 2010
January 18, 2013 at 04:17 am EST
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Byggmax appeals the additional charging of customs for 2010
The Swedish customs has decided to make an additional charging of Byggmax of customs and anti-dumping customs for 2010. The total sum is 13 022 124 SEK excluding VAT. Byggmax will make an appeal for parts of the decision. Byggmax has agreed with the supplier that sold the products to Byggmax, on a future compensation corresponding to the additional charging.
Byggmax Group AB is a Sweden-based company active within the construction materials retail sector. The Company is engaged in the discount retail of construction materials in the Nordic do-it-yourself (DIY) market. Its offering includes basic construction materials, such as wood, stone and concrete, isolation materials, doors, windows, flooring, paints and coatings, tools, screws, bolts, basic electrical and ventilation materials, kitchen and toilet fittings, as well as wooden cottage sets. The Company operates Byggmax Norge and Byggmax AB Finland as subsidiaries responsible for retail sails in Norway and Finland, as well as Buildor AB and Skanska Byggvaror as wholly owned subsidiaries. Its largest shareholder is Altor 2003 Sarl, which holds 35.76% of the Companyâs shares. The Company operates 67 stores across Sweden.