Ruling in Paperboar Case

Ruling in Paperboard Case Holmen has earlier made provision for the cost The cost following today's decision of the EU court of law to uphold the EU Commission's ruling in the so-called Paperboard Case, was taken up to income by the then MoDo in 1994. The amount has earlier been paid. This means that today's decision does not affect Holmen's future results. Following an enquiry, the EU Commission in 1994 ruled that some 20 European paperboard producers had been involved in activities infringing EU-competition law between the years 1986-1990. For MoDo the fines were fixed at euro 22.7 million. ------------------------------------------------------------ This information was brought to you by BIT http://www.bit.se The following files are available for download: http://www.bit.se/bitonline/2000/11/16/20001116BIT00890/bit0001.doc http://www.bit.se/bitonline/2000/11/16/20001116BIT00890/bit0002.pdf