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Stora Enso

Stora Enso
Company nameStora Enso Oyj
Company typeJulkinen osakeyhtiö
IndustryPaper and packaging
Founded1998 (1347)
HeadquartersHelsinki, Finland
Key peopleGunnar Brock (Chairman), Jouko Karvinen (President and CEO)
ProductsPublication and fine paper, packaging board, and wood products
Revenue-10.30 billion (2010)
Operating income-1.027 billion (2010)
Net income-766.0 million (2010)
Total assets-13.04 billion (end 2010)
Total equity-6.255 billion (end 2010)
Employees27,380 (end 2010)

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Stora Enso Oyj is a Finnish pulp and paper manufacturer, formed by the merger of Swedish mining and forestry products company Stora and Finnish forestry products company Enso-Gutzeit Oy in 1998. It is headquartered in Helsinki, and it has approximately 29,000 employees. In 2002 it was the fifth largest pulp and paper manufacturer in terms of revenue and in 2005 it was the world's largest pulp and paper manufacturer in terms of production capacity, it is now second behind International Paper. Finnish state is the biggest owner in the company. The Wallenberg family through their foundation asset management company FAM is the second biggest shareholder in the company.

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