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Recent Articles

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Stora Enso Forest postpones introduction of revised PEFC standards in Finland, citing delays in international approval of the standards; company had planned to adopt the revised requirements at start of December and continues to use current PEFC standards

Stora Enso plans to reintroduce timber rafting to transport logs from Finland's Iisalmi and Nurmes regions to company's Imatra mills; studies suggest log driving can cut transportation CO2 emissions by as much as 75% compared to rail and vessel transport

European Commission approves German food retailer Schwarz Group's acquisition of Stora Enso's Maxau supercalendered paper mill in Karlsruhe, Germany, with two PMs totaling capacity of 530,000 tpy of SC paper; Schwarz owns retail chains Lidl, Kaufland

Stora Enso receives regulatory approval from European Commission to proceed with acquisition of De Jong Packaging Group; closure of transaction is still ongoing and expected to be finalized at beginning of 2023

European Commission reportedly approves takeover of Netherlands-based De Jong Packaging Group by Finland-based Stora Enso for an enterprise value of about €1.02B; deal expected to close at start of 2023

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