Stora Enso establishes its Shareholders' Nomination Board
The board includes Marcus Wallenberg, Matts Rosenberg, Håkan Buskhe, and Jouko Karvinen.
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Renewable materials company
storaenso.comLast updated
In short: Stora Enso launched a new segment reporting structure, initiated the demerger of its Swedish forest assets, and targeted 90% circularity by 2030.
The board includes Marcus Wallenberg, Matts Rosenberg, Håkan Buskhe, and Jouko Karvinen.
It will permanently close softwood pulp on fiberline L3, potentially affecting up to 80 employees, with production stopping in Q3–Q4 2026 while fluff operations continue.
Aligned with the Global Circularity Protocol, it raises circularity in direct operations to 90% by 2030 from a 79% 2025 baseline and will be reported annually.
The conversion occurred during April 2026, and the new R shares start trading on 19 May 2026, increasing R share count to 613,084,873.
Stora Enso invests 19 million euros in recycled pulp production. At the same time, the company closes an unprofitable softwood pulp line.
The company has previously stated that the planned closure of L3 and reorganization would affect up to 80 people in Skutskär.
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Stora Enso Oyj received a Hold rating and a €10.50 price target from Exane BNP Paribas analyst today. Designed for personal research, portfolio monitoring, and...
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