European Commission has today started an inspection on Metsä Fibre, a subsidiary of Metsäliitto Cooperative, under EU antitrust rules as part of larger investigation of the market for wood pulp sector.
According to current information Metsä Board is not subject to investigations.
Metsä Fibre will cooperate in full with the European Commission authorities.
The fact that the Commission carries out such inspections does not mean that the companies are guilty of anti-competitive behaviour nor does it prejudge the outcome of the investigation itself.
Metsä Group is leading the way in advancing the bioeconomy. We invest in growth, bioproduct development and a fossil free future. The raw material for our products is renewable wood from sustainably managed northern forests. We focus on the growth sectors of the forest industry: wood supply and forest services, wood products, pulp, fresh fibre paperboards, as well as tissue and greaseproof papers.
Metsä Group’s annual sales amount to approximately EUR 5.5 billion, and we have around 9,200 employees in 30 countries. Our international Group has its roots in the Finnish forests: our parent company is Metsäliitto Cooperative which is owned by 100,000 forest owners.
Source: Metsä Group