Holmen AB - Company Profile
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Holmen AB (Holmen), a subsidiary of L E Lundbergforetagen AB, is a provider of paper, paperboard, wood products, timber and hydro and wind power. The company manufactures and distributes paper, paperboard, and solid bleached board, wood, and timber products under various brands such as Invercote, Inverform, Incada, Holmen Plus, Holmen News, Holmen Colour News, Holmen VIEW, Holmen TRND, Holmen XLNT, Holmen GIFT, Holmen EPIC, Holmen UNIQ and Holmen BOOK. The company manages energy products such as hydropower, wind power and bio energy plants. The company manufactures products through Hallsta, Braviken, Sawmills, Linghem, Workington and Iggesund mills. The company serves several markets across Europe, Asia, and North America. Holmen is headquartered in Stockholm, Sweden.
Holmen AB premium industry data and analytics
Products and Services
Products | Brands |
---|---|
Paper | Invercote |
Spruce Sawn Timber | Incada |
Solid Bleached Board | Inverfrom |
XYZ | XYZ |
XYZ | XYZ |
XYZ | XYZ |
History
History section provides information on new products, mergers, acquisitions, expansions, approvals, and many more key events.
Year | Event | Description |
---|---|---|
2024 | Plans/Strategy | In March, the company announced its plans to invest SEK1.5 billion to construct Blisterliden Wind Farm in Skelleftea Municipality, Sweden |
2023 | Contracts/Agreements | In February, Holmen Iggesund agreed an extension to a large three-year cooperation agreement with Kalmar, in which Kalmar assumes full responsibility for the customer's log handling operations, ensuring the availability of equipment, tools and professional resources. |
2023 | Financing Agreements | In January, the company invested in increased production and processing of wood products for sustainable construction. |
Competitor Comparison
Key Parameters | Holmen AB | International Paper Co | UPM-Kymmene Corp | Stora Enso Oyj | Sappi Ltd |
---|---|---|---|---|---|
Headquarters | Sweden | United States of America | Finland | Finland | South Africa |
City | Stockholm | Memphis | Helsinki | Helsinki | Johannesburg |
State/Province | Stockholm | Tennessee | - | - | Gauteng |
No. of Employees | 3,546 | 39,000 | 16,573 | 19,842 | 12,800 |
Entity Type | Public | Public | Public | Public | Public |
Key Financial Charts
Sales Growth
Net Income Growth
Executives
Name | Position | Board | Since | Age |
---|---|---|---|---|
Fredrik Lundberg | Chairman | Executive Board | - | 72 |
Henrik Sjolund | President; Chief Executive Officer; Director | Executive Board | 2014 | 57 |
Anders Jernhall | Chief Financial Officer; Executive Vice President | Senior Management | 2014 | 53 |
Stina Sandell | Senior Vice President - Sustainability and Communications | Senior Management | 2017 | 57 |
Henrik Andersson | Secretary; Senior Vice President - Legal Affairs | Senior Management | 2008 | 52 |
Non Dignissim Eros | Proin vel | Convallis | 2024 | XY |
Non Dignissim Eros | Proin vel | Convallis | 2024 | XY |
Non Dignissim Eros | Proin vel | Convallis | 2024 | XY |
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