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Enso has announced a restructuring plan that aims to cut costs in its annual magazine paper operation by about $63.6 million by third quarter 2013, with the goal of improving efficiency and productivity. The plan includes the elimination of 110 staff...
The world's longest film entitled 'Modern Times Forever (Stora Enso building, Helsinki)' is screened at Helsinki Market Square on March 24, 2011. The 240-hour film, created by a Danish art group called Superflex, shows the Stora Enso headquarters in... View Photo »
Stora Enso has a strong balance sheet and very good liquidity, and that enables us to continue implementing our growth strategy. Extending our current revolving credit facility further strengthens our financial flexibility
Enso plans to increase further the efficiency and flexibility of its local maintenance operations in Sweden by restructuring and changing the processes. The planned restructuring measures would reduce the workforce by approximately 130 employees in...
Enso's Printing and Reading Business Area plans to increase its cost competitiveness by restructuring coated magazine paper operations at Corbehem Mill in France, Veitsiluoto Mill in Finland and Kabel Mill in Germany. "The operating environment in...
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Feb 8 (Reuters) - Finnish paper company Stora Enso said it was cutting more jobs at various mills after a fall in fourth-quarter profit, its latest attempt to cope with weakening demand and overcapacity. Europe's largest paper and board maker said it...
Stora Enso Oyj (NYSE: SEO, OMX: STERV) is a Finnish–Swedish 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 39,000 employees. In 2002 it was the fifth largest pulp and... Full Article
