In 2002, the Hungarian Competition Office (HCO) launched proceedings against eight road construction companies including Strabag Rt. (Strabag), EGÚT Egri Útépítő Kft. (EGUT), Hídépítő Rt. (Hídépítő) and Ring Kkt. (Ring), a JV of Strabag and Hídépítő, on the grounds that they were suspected of having committed bid-rigging during road construction projects in Budapest district 11. In 2002, the municipality of Budapest published five public procurement tenders relating to road construction in district 11, all of which were pre-qualification proceedings. As a result of the pre-qualification process, the undertakings subject to the investigation were invited to submit offers. Strabag and Ring participated in all tenders, EGUT in all but one. In most tenders, the investigated undertakings formed
The Hungarian Competition Office fines road constructors for concerted practices during road construction projects in Budapest (Alterra Kft.)
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