Keyword: Stora Enso

Stora Enso to sell its Thermowood business

    The deal marks the end of heat production in Uimaharju, Finland. Lunawood, who is seeking growth [...]

Stora Enso closes sawmill in Finland; plans to boost spruce production

    Stora Enso plans to consolidate the Finnish spruce (whitewood) production to Varkaus sawmill. The plan includes [...]

Stora Enso’s forest holdings in Sweden increase to 1.4 million hectares

    The shareholders of Bergvik Skog AB, a Swedish forest holding company, have finalised the previously announced [...]

Stora Enso inaugurates new CLT production unit

Stora Enso’s investment in a new production unit for cross laminated timber (CLT) at Gruvön sawmill in Sweden [...]

Stora Enso plans lay-offs in Finland, oversupply in the sawn timber market blamed

Stora Enso prepares for temporary lay-offs in its Wood Products division in Finland. The provisional lay-off plans concern [...]

Stora Enso implements first measure of its cost-cutting programme: reduces a shift at Ala sawmill

    In Sweden, Stora Enso has announced that 23 employees at its sawmill in Ala have received [...]

Stora Enso plans to implement a EUR 120 million cost-cutting programme 

Stora Enso is implementing a cost-cutting programme of Euro 120 million targeting reductions in variable and fixed costs, as [...]

Finland: UPM, Metsä and Stora Enso escape accusations of underpricing

In 2011, Metsähallitus (a Finnish state enterprise, which administers state-owned land) filed a claim for damages against UPM [...]

Stora Enso notices oversupply in the sawn timber market

Finnish-Swedish forest industry company Stora Enso is preparing for oversupply in the sawn timber market.     [...]

Stora Enso plans investments of more than half a billion euro for 2019

In the run-up to tomorrow's Capital Markets Day, CEO of Finnish Stora Enso Karl-Henrik Sundström announced [...]