- Business
- Stora Enso Oyj operates as a leading global provider of renewable materials, focusing on packaging, biomaterials, wooden construction, and wood products; the company produces consumer and packaging boards including virgin fiber-based solutions for liquid and food packaging, folding boxboard, and barrier-coated boards; pulp products encompassing softwood, hardwood, and fluff pulp; biochemicals such as lignin sold under the Lineo brand; wood-based building systems like cross-laminated timber and sawn timber; and sustainable forest management services. Headquartered in Helsinki, Finland, and founded in 1998 through the merger of Finnish Enso Oyj and Swedish Stora AB, Stora Enso conducts operations across more than 35 countries on all continents, with key production facilities in the Nordics including Finland, Sweden, and the Baltic region, as well as in Central Europe, China, and other global markets serving industries such as retail, e-commerce, food and beverages, construction, publishing, pharmaceuticals, and manufacturing. The company's segments include Packaging Materials, Packaging Solutions, Biomaterials, Wood Products, Forest, and others. In recent developments, Stora Enso completes the acquisition of Finnish sawmill company Junnikkala Oy in May 2025 for up to EUR 137 million, enhancing wood procurement and sawmilling capacity by approximately 700,000 cubic meters annually while integrating operations at its Oulu packaging board site; the company announces in November 2025 plans for a statutory partial cross-border demerger to separate its Swedish forest assets into a new publicly listed Swedish company by the first half of 2027, maintaining a long-term 18-year wood supply agreement to secure fiber supply and sharpen focus on renewable packaging; Stora Enso implements a new financial reporting structure effective January 1, 2026, aligning with strategic priorities in packaging and biomaterials alongside updates to group leadership and financial targets.