Stora Enso is charged with alleged anticompetitive conduct in the USA
STORA ENSO OYJ Stock Exchange Release 14 December 2006 at 9.30
Stora Enso is charged with alleged anticompetitive conduct in the
USA
On 13 December 2006 the US Antitrust authorities announced that
Stora Enso North America Corp. had been indicted for its alleged
anticompetitive conduct in connection with the sale of coated
magazine paper in the USA in 2002 and 2003. No Stora Enso employee
was charged individually.
Stora Enso denies any wrongdoing and will enter a plea of not
guilty when it appears before the court at the arraignment to
respond to the indictment. The indictment concludes the
investigation that began in May 2004. The Group expects the trial
to occur in 2007.
For further information, please contact:
Per Lyrvall, Legal Counsel, tel. +46 70 580 3534
Kari Vainio, Executive Vice President, Corporate Communications,
tel. +44 77 9934 8197
www.storaenso.com
Previous press releases concerning issues with the competition
authorities in the USA are available at www.storaenso.com/press:
- 25 May 2004: Competition authorities investigate Stora Enso
premises (updated)
- 10 June 2004: Stora Enso takes action to respond to the
competition authority investigations
The Department of Justice press release is available at the
Antitrust Division website, at www.usdoj.gov/atr.
STORA ENSO OYJ
Jyrki Kurkinen Ulla Paajanen-Sainio