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Stora Enso is charged with alleged anticompetitive conduct in the USA


WEBWIRE

14 December 2006 - 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.

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Stora Enso is an integrated paper, packaging, and forest products company, producing publication and fine paper, packaging board, and wood products – all areas in which the Group is a global market leader. Stora Enso’s sales totalled EUR 13.2 billion in 2005. The Group has some 46 000 employees in more than 40 countries on five continents.



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