Stora Enso Oyj - Company Profile
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Stora Enso Oyj (Stora Enso) is a paper and packaging company. It produces and markets diverse paper products and biomaterials. The company's portfolio of products includes magazine papers, fine papers, pulp grades, newsprint and book papers, consumer boards, industrial packaging, exterior cladding and interior paneling and wood products. It also provides corrugated packaging for packaging design, digital printing packaging, and packaging design. Stora Enso serves packaging producers, brand owners, paper and board producers, print houses, publishers, retailers, converters, and joinery and construction companies. The company and its subsidiaries operate in Europe, Asia-Pacific, the Middle East and the Americas. Stora Enso is headquartered in Helsinki, Finland.
Headquarters
Finland
Address
Salmisaarenaukio 2, Helsinki, 00180
Website
www.storaenso.com
Telephone
358 2 046111
No of Employees
21,097
Industry
Paper and Packaging
Ticker Symbol & Exchange
STERV (HEL)
Revenue (2022)
$12.3B
14.9%
(2022 vs 2021)
EPS
XYZ
Net Income (2022)
XYZ
22.5%
(2022 vs 2021)
Market Cap*
$10.2B
Net Profit Margin (2022)
XYZ
6.5%
(2022 vs 2021)
* As of and is in US$
Stora Enso Oyj premium industry data and analytics
Products and Services
| Products | Brands |
|---|---|
| Paper: | ThermoWood |
| Office Printing | CosmoPress |
| Postal Papers | MailPress |
| 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 |
|---|---|---|
| 2023 | Contracts/Agreements | In October, the company entered into a partnership with Mester Gronn to develop a new plastic-free transportation tray for Mester’s plants. |
| 2023 | Plans/Strategy | In September, the company announced its plans to invest US$18 million in CarbonScape. |
| 2023 | Corporate Changes/Expansions | In June, the company opened a new corrugated packaging production factory in De Lier, the Netherlands. |
Competitor Comparison
| Key Parameters | Stora Enso Oyj | International Paper Co | Amcor Plc | UPM-Kymmene Corp | Graphic Packaging Holding Co |
|---|---|---|---|---|---|
| Headquarters | Finland | United States of America | United Kingdom | Finland | United States of America |
| City | Helsinki | Memphis | Warmley | Helsinki | Atlanta |
| State/Province | - | Tennessee | England | - | Georgia |
| No. of Employees | 21,097 | 39,000 | 41,000 | 16,831 | 24,000 |
| Entity Type | Public | Public | Public | Public | Public |
Key Financial Charts
Sales Growth
Net Income Growth
Executives
| Name | Position | Board | Since | Age |
|---|---|---|---|---|
| Kari Jordan | Chairman | Executive Board | 2023 | - |
| Hakan Buskhe | Vice Chairman | Executive Board | 2021 | 60 |
| Hans Sohlstrom | Director; Chief Executive Officer; President | Executive Board | 2023 | - |
| Seppo Parvi | Chief Financial Officer; Deputy Chief Executive Officer; Country Manager-Finland | Senior Management | 2014 | 59 |
| Tobias Baarnman | Chief Strategy and Innovation Officer | Senior Management | 2020 | 46 |
| Non Dignissim Eros | Proin vel | Convallis | 2023 | XY |
| Non Dignissim Eros | Proin vel | Convallis | 2023 | XY |
| Non Dignissim Eros | Proin vel | Convallis | 2023 | XY |
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