LEMMINKÄINEN CORPORATION STOCK EXCHANGE BULLETIN
FCA FURNISHES DRAFT PROPOSAL AND REQUESTS A RESPONSE CONCERNING
INVESTIGATIONS INTO THE BITUMINOUS ROOFING INDUSTRY
The Finnish Competition Authority (FCA) made surprise audits of
Finlands principal bituminous roofing manufacturers and
contractors in November 2002. Lemminkäinens Roofing Unit was one
of the organisations audited.
The FCA has now sent Lemminkäinen a copy of its draft proposal to
the Market Court and has requested a response to it. The draft
proposal alleges that prohibited exchanges of information took
place on the bituminous roofing market during the years 1996-2002.
The content of the draft proposal is secret. The amount of the
fine sought by the FCA is not specified in the document.
Lemminkäinen will study the draft proposal and give its response
during the course of this spring.
DISTRIBUTION: Helsinki Exchanges, key media