Finnish Competition Authority proposes a fine on Stora Enso for price collaboration in wood procurement in Finland
Finnish Competition Authority proposes a fine on Stora Enso for price collaboration in wood procurement in FinlandStora Enso Oyj Stock Exchange Release 21 December 2006 at 12.00 GMTThe Finnish Competition Authority has proposed to the Finnish Market Court that a fine of EUR 30 million be imposed on Stora Enso for violating competition laws in the purchasing of timber in Finland in the period from 1997 to 2004. Stora Enso considers the proposal groundless. The Group has not made a provision. For further information, please contact:Jyrki Kurkinen, Senior Vice President, Legal Affairs, tel.