Stora Enso
 |
|
| Julkinen osakeyhtiö | |
| Traded as |
Nasdaq Helsinki: STEAV Nasdaq Helsinki: STERV OTCQX: |
| ISIN | FI0009005953, FI0009005961 |
| Industry | Paper and packaging |
| Founded | 1998 (1347) |
| Headquarters | Helsinki, Finland |
|
Key people
|
Gunnar Brock (Chairman), Karl-Henrik Sundström (CEO) |
| Products | Packaging board, biomaterials, wood products and paper |
| Revenue | €10.040 billion (2015) |
| €1.059 billion (2015) | |
| Profit | €783 million (2015) |
| Total assets | €12.361 billion (end 2015) |
| Total equity | €5.513 billion (end 2015) |
| Owners |
Government of Finland (25.1% of voting rights and 10.1% of voting rights via Social Insurance Institution of Finland, FAM AB (27.3% of voting rights) |
|
Number of employees
|
26,000 (2015) |
| Website | www.storaenso.com |
Government of Finland (25.1% of voting rights and 10.1% of voting rights via Social Insurance Institution of Finland,
Stora Enso Oyj (Swedish: [stuːra] and Finnish: [enso]) is a pulp and paper manufacturer headquartered in Helsinki, Finland, with significant operations in four continents. The company was formed by the merger of Swedish mining and forestry products company Stora AB and Finnish forestry products company Enso Oyj in 1998. It has approximately 26,000 employees (2015). For 2014, Stora Enso was ranked fifth in the world by sales, among forest, paper and packaging industry companies. The first share of the company dates back to 1288, and it is claimed that Stora Enso is thus the oldest limited liability company in the world.
Stora Enso was formed by the merger of Swedish mining and forestry products company Stora and Finnish forestry products company Enso Oyj in 1998.
The Swedish copper mining company Stora Kopparberg ("great copper mountain") in Falun was granted a charter from King Magnus IV of Sweden in 1347, although the oldest preserved share in the company (granting the Bishop of Västerås 12.5% ownership) dates from 1288. Some claim this to be the oldest existing corporation or limited liability company in the world.
For some periods during the 17th century, the mine provided two thirds of the world production of copper. In the 18th century, the copper mining gradually decreased in importance, and therefore, in 1731, the company bought its first iron ore mine. By the 1860s, iron ore was economically more important to the company than copper.
...
Wikipedia