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Stora Enso denies anticompetitive allegations

Stora Enso Oyj confirmed that on December 13, 2006, the U.S. Antitrust authorities announced that Stora Enso North …

Stora Enso Oyj confirmed that on December 13, 2006, the U.S. Antitrust authorities announced that Stora Enso North America had been idicted for its alleged anticompetitive conduct in connection with the sale of coated magazine paper in the U.S. in 2002 and 2003. No Stora Enso employee was charged individually.

Stora Enso denies any wrongdoing, and said it plans to enter a plea of not guilty when it appears before the court at the arraignment to respond to the indictment, which wraps up the investigation that started in May 2004. The company anticipates the trial to take place in 2007.