Componenta to appeal to Court of Appeal against District Court decision
On 31 December 2003 the Helsinki District Court announced its decisionaccording to which Componenta CPC Oy (now called Componenta Karkkila Oy) wassentenced to compensate VR Ltd (Finnish Railways) a total of EUR 870,000 incompensation for train wheels supplied and indirect costs, plus accumulatedinterest, as well as VR's legal costs. Componenta is appealing to the Court ofAppeal against the decision. The decision of the district court relates to a contract to supply train wheelssigned in 1990 and wheels supplied in 1991 and 1992. VR used the train wheelsuntil 1997 when it made a