Stora Enso

Stora Enso Oyj
Company typeJulkinen osakeyhtiö
Nasdaq Helsinki: STEAV, STERV
Nasdaq Stockholm: STE A, STE R
ISINHelsinki: FI0009005953 and FI0009005961, Stockholm: FI0009007603 and FI0009007611[1]
IndustryPaper and packaging
PredecessorE. Holtzmann & Cie. Edit this on Wikidata
Founded1998; 26 years ago (1998) (1288; 736 years ago (1288))[2]
HeadquartersHelsinki, Finland
Key people
Kari Jordan [fi] (chair of the board),[3] Hans Sohlström [fi] (CEO)[4]
ProductsPackaging materials, biomaterials, wooden construction and paper[5]
RevenueDecrease €9.396 billion (2023)[6]
Decrease €342 million (2023)[6]
Decrease €-431 million (2023)[6]
Total assetsDecrease €20,754 million (2023)[6]
Total equityDecrease €10,889 million (2023)[6]
OwnersSolidium, FAM AB and others[7]
Number of employees
Decrease 20,000 (2023)[6]
Websitewww.storaenso.com

Stora Enso Oyj (from Swedish: Stora [ˈstǔːra] and Finnish: Enso [ˈenso]) is a Finnish and Swedish forest industry company. It develops and produces various materials, mostly based on wood, for a range of industries and applications worldwide.[8] It has headquarters in Helsinki, Finland, and Stockholm, Sweden. The majority of sales takes place in Europe, but there are also significant operations in Asia and South America. Stora Enso was formed in 1998, when the Swedish mining and forestry products company Stora AB merged with the Finnish forestry products company Enso Oyj.[9] In 2023, there were 20,000 employees.[6] In 2015, Stora Enso was ranked seventh in the world by sales and fourth by earnings, among forest, paper and packaging industry companies. For the first two quarters of 2018, the company was ranked second by net earnings among European forest and paper industry companies.[10][11] The corporate history can be traced back to the oldest known preserved share certificate in the world, issued in 1288. Based on this, some observers consider Stora Enso to be the oldest limited liability company in the world.[2][12]

  1. ^ "Instructions for insiders". www.storaenso.com. Retrieved 23 March 2022.
  2. ^ a b Cite error: The named reference ft2015lastingcompanies was invoked but never defined (see the help page).
  3. ^ Cite error: The named reference bod was invoked but never defined (see the help page).
  4. ^ "Group Leadership Team". www.storaenso.com. Archived from the original on 18 February 2020. Retrieved 18 February 2020.
  5. ^ Cite error: The named reference AR2021 was invoked but never defined (see the help page).
  6. ^ a b c d e f g "Stora Enso Annual Report 2023, pages 4, 110, 135, 136" (PDF). Retrieved 24 June 2024.
  7. ^ "Shareholders and ownership changes". www.storaenso.com. Retrieved 24 June 2024.
  8. ^ "About Stora Enso". www.storaenso.com. Retrieved 17 May 2023.
  9. ^ "History". Stora Enso. Archived from the original on 21 June 2017. Retrieved 9 August 2017.
  10. ^ "Global Forest, Paper & Packaging Industry Survey: 2016 edition survey of 2015 results" (PDF). PwC. 2016. Archived (PDF) from the original on 23 September 2017. Retrieved 10 December 2018.
  11. ^ Bromley, Kevin; Bouchard, Frédéric (2018). "Global Forest and Paper Industry Net Earnings Summary: Three months ended June 30, 2018" (PDF). PwC. Archived (PDF) from the original on 14 December 2018. Retrieved 10 December 2018.
  12. ^ Cite error: The named reference BBC20120119 was invoked but never defined (see the help page).