On 22 June 2016, the Helsinki District Court gave its ruling in the so-called wood cartel case, where Metsähallitus, a state owned forest owner, claimed 159.4m euros jointly from three forest companies, Stora Enso, UPM and Metsäliitto. This is the largest damage case in the Finnish history and many factual and expert economist witnesses were heard in the court. The court, however, dismissed the claim in its entirety. In its ruling, the court argued that the economic evidence did not support the claimant’s claim of economic damage. In the case, Copenhagen Economics prepared economic analysis and evidence for Stora Enso.
Stora Enso is a leading provider of renewable solutions in packaging, biomaterials, wooden constructions and paper on global markets.