Finnlines - Company Announcement

Decision of the District Court of Helsinki favourable to Finnlines

Helsinki, Finland, 2015-02-27 09:26 CET (GLOBE NEWSWIRE) -- Finnlines  Plc     
                                   Stock Exchange Release  27 February 2015 at
10:25 







DECISION OF THE DISTRICT COURT OF HELSINKI FAVOURABLE TO FINNLINES



The District Court of Helsinki has today announced its decision on the dispute
between Finnlines Plc and the State of Finland. According to Finnlines Plc the
Finnish Act on Fairway Dues in force until 1 January 2006  has contained
provisions which according to EU law were discriminatory. The Company has been
charged excessive fairway dues during 2001-2004. 



Helsinki District Court has ordered State of Finland to refund to Finnlines
Plc, as plaintiffs, the fairway dues, charged in excessive extent in the years
2001-2004 totalling about EUR 17.0 million including interest. 



If the judgment becomes final, it will affect Finnlines' financial statements
for 2015 positively with about EUR 16.5 million. 



Further information: Tapani Voionmaa, Group General Counsel, tel. +358 50 565
5207 





Finnlines Plc







Tom Pippingsköld                   Tapani Voionmaa

CFO                                       Group General Counsel







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About Finnlines
Finnlines is a leading shipping operator of ro-ro and passenger services in the
Baltic Sea and the North Sea. The Company is listed on the NASDAQ OMX Helsinki
Ltd and is a part of the Grimaldi Group, one of the world's largest operators
of ro-ro vessels and the largest operator of the Motorways of the Sea in Europe
for both passengers and freight. This affiliation enables Finnlines to offer
liner services to and from any destination in the Mediterranean, West Africa as
well as the Atlantic coast of both North and South America. 

www.finnlines.com