Search
00
GBAF Logo
trophy
Top StoriesInterviewsBusinessFinanceBankingTechnologyInvestingTradingVideosAwardsMagazinesHeadlinesTrends

Subscribe to our newsletter

Get the latest news and updates from our team.

Global Banking & Finance Review®

Global Banking & Finance Review® - Subscribe to our newsletter

Company

    GBAF Logo
    • About Us
    • Profile
    • Privacy & Cookie Policy
    • Terms of Use
    • Contact Us
    • Advertising
    • Submit Post
    • Latest News
    • Research Reports
    • Press Release
    • Awards▾
      • About the Awards
      • Awards TimeTable
      • Submit Nominations
      • Testimonials
      • Media Room
      • Award Winners
      • FAQ
    • Magazines▾
      • Global Banking & Finance Review Magazine Issue 79
      • Global Banking & Finance Review Magazine Issue 78
      • Global Banking & Finance Review Magazine Issue 77
      • Global Banking & Finance Review Magazine Issue 76
      • Global Banking & Finance Review Magazine Issue 75
      • Global Banking & Finance Review Magazine Issue 73
      • Global Banking & Finance Review Magazine Issue 71
      • Global Banking & Finance Review Magazine Issue 70
      • Global Banking & Finance Review Magazine Issue 69
      • Global Banking & Finance Review Magazine Issue 66
    Top StoriesInterviewsBusinessFinanceBankingTechnologyInvestingTradingVideosAwardsMagazinesHeadlinesTrends

    Global Banking & Finance Review® is a leading financial portal and online magazine offering News, Analysis, Opinion, Reviews, Interviews & Videos from the world of Banking, Finance, Business, Trading, Technology, Investing, Brokerage, Foreign Exchange, Tax & Legal, Islamic Finance, Asset & Wealth Management.
    Copyright © 2010-2026 GBAF Publications Ltd - All Rights Reserved. | Sitemap | Tags | Developed By eCorpIT

    Editorial & Advertiser disclosure

    Global Banking & Finance Review® is an online platform offering news, analysis, and opinion on the latest trends, developments, and innovations in the banking and finance industry worldwide. The platform covers a diverse range of topics, including banking, insurance, investment, wealth management, fintech, and regulatory issues. The website publishes news, press releases, opinion and advertorials on various financial organizations, products and services which are commissioned from various Companies, Organizations, PR agencies, Bloggers etc. These commissioned articles are commercial in nature. This is not to be considered as financial advice and should be considered only for information purposes. It does not reflect the views or opinion of our website and is not to be considered an endorsement or a recommendation. We cannot guarantee the accuracy or applicability of any information provided with respect to your individual or personal circumstances. Please seek Professional advice from a qualified professional before making any financial decisions. We link to various third-party websites, affiliate sales networks, and to our advertising partners websites. When you view or click on certain links available on our articles, our partners may compensate us for displaying the content to you or make a purchase or fill a form. This will not incur any additional charges to you. To make things simpler for you to identity or distinguish advertised or sponsored articles or links, you may consider all articles or links hosted on our site as a commercial article placement. We will not be responsible for any loss you may suffer as a result of any omission or inaccuracy on the website.

    Home > Finance > Chinese security firm Nuctech loses appeal against EU inspection
    Finance

    Chinese security firm Nuctech loses appeal against EU inspection

    Published by Global Banking & Finance Review®

    Posted on March 27, 2025

    2 min read

    Last updated: January 24, 2026

    The image showcases the Christophe De Margerie tanker docking at Russia's Arctic LNG 2, highlighting ongoing LNG export challenges amidst U.S. sanctions.
    Fourth sanctioned LNG tanker, Christophe De Margerie, at Russia's Arctic LNG 2 plant - Global Banking & Finance Review
    Why waste money on news and opinion when you can access them for free?

    Take advantage of our newsletter subscription and stay informed on the go!

    Subscribe

    Quick Summary

    Nuctech's appeal to suspend an EU inspection was rejected by the European Court of Justice, impacting its operations in the EU market.

    Nuctech's Appeal Against EU Inspection Rejected by Court

    BRUSSELS (Reuters) - Chinese security firm Nuctech said Europe's top court had rejected its appeal to suspend a decision by the European Commission to inspect the company.

    Nuctech had taken its appeal to the Luxembourg-based European Court of Justice, which is the EU's highest court.

    "It is with disappointment but respect that we acknowledge the European Court of Justice's decision to reject Nuctech's request for the suspension of the European Commission's inspection decision of the company," it said in a statement.

    The company had some of its offices raided by EU competition regulators in 2024, as the European Commission launched investigations to assess whether subsidies allowed certain Chinese companies to submit overly advantageous offers in procurement tenders to edge out EU rivals.

    "We reiterate that Nuctech has neither received unlawful subsidies nor engaged in practices that distort the EU internal market. We will continue to engage with the relevant authorities to clarify our position and uphold our commitment to fair competition and regulatory compliance on the EU internal market," added Nuctech.

    Nuctech makes body and luggage scanners for airports and ports in more than 170 countries and it was among Chinese tech companies blacklisted by the U.S. government in 2020, which had said that those companies were security threats.

    (Reporting by Foo Yun Chee; Editing by Sudip Kar-Gupta)

    Key Takeaways

    • •Nuctech's appeal against EU inspection was rejected.
    • •The European Court of Justice made the decision.
    • •Nuctech denies receiving unlawful subsidies.
    • •The company is committed to fair competition.
    • •Nuctech was blacklisted by the U.S. in 2020.

    Frequently Asked Questions about Chinese security firm Nuctech loses appeal against EU inspection

    1What is the main topic?

    The main topic is Nuctech's appeal against the EU inspection being rejected by the European Court of Justice.

    2Why was Nuctech inspected by the EU?

    The EU inspected Nuctech to assess if subsidies allowed it to offer overly advantageous procurement tenders.

    3What is Nuctech's response to the court's decision?

    Nuctech expressed disappointment but respect for the decision and reiterated its commitment to fair competition.

    More from Finance

    Explore more articles in the Finance category

    Image for French miner Eramet's finance chief steps aside temporarily, days after CEO ouster
    French miner Eramet's finance chief steps aside temporarily, days after CEO ouster
    Image for Ukraine's Zelenskiy calls for faster action on air defence, repairs to grid
    Ukraine's Zelenskiy calls for faster action on air defence, repairs to grid
    Image for Goldman Sachs teams up with Anthropic to automate banking tasks with AI agents, CNBC reports
    Goldman Sachs teams up with Anthropic to automate banking tasks with AI agents, CNBC reports
    Image for Analysis-Hims' $49 weight-loss pill rattles investor case for cash-pay obesity market
    Analysis-Hims' $49 weight-loss pill rattles investor case for cash-pay obesity market
    Image for Analysis-Glencore to focus on short-term disposals as Rio deal remains elusive
    Analysis-Glencore to focus on short-term disposals as Rio deal remains elusive
    Image for Belgium's Agomab Therapeutics valued at $716 million as shares fall in Nasdaq debut
    Belgium's Agomab Therapeutics valued at $716 million as shares fall in Nasdaq debut
    Image for Big Tech's quarter in four charts: AI splurge and cloud growth
    Big Tech's quarter in four charts: AI splurge and cloud growth
    Image for EU hikes tariffs on Chinese ceramics to 79% to counter dumping 
    EU hikes tariffs on Chinese ceramics to 79% to counter dumping 
    Image for AI trade splinters as investors get more selective
    AI trade splinters as investors get more selective
    Image for EU extends tariff suspension on $109.8 billion of US imports for six months
    EU extends tariff suspension on $109.8 billion of US imports for six months
    Image for Dog food maker Ollie acquired by Spain’s Agrolimen
    Dog food maker Ollie acquired by Spain’s Agrolimen
    Image for Salzgitter to take over HKM steel joint venture, end clash with Thyssenkrupp
    Salzgitter to take over HKM steel joint venture, end clash with Thyssenkrupp
    View All Finance Posts
    Previous Finance PostBanco BPM intends to proceed with Anima deal, source says
    Next Finance PostEuro zone consumers may be put off by inflation 'misperception,' ECB's Schnabel says