Stora Enso Oyj is a manufacturer of pulp, paper and other forest products, headquartered in Helsinki, Finland.
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Stora Enso was formed in 1998, when the Swedish mining and forestry products company Stora AB merged with the Finnish forestry products company Enso Oyj.
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In 2015, Stora Enso was ranked seventh in the world by sales and fourth by earnings, among forest, paper and packaging industry companies.
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Stora Enso was formed by the merger of Swedish mining and forestry products company Stora and Finnish forestry products company Enso Oyj in 1998.
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Roots of Stora Enso go back to 1850's, when Wilhelm Gutzeit started Wilh.
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Stora Enso was a native of Konigsberg who had moved to Norway to work as a secretary for his step-cousin Benjamin Wegner, an industrialist.
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Stora Enso slowly expanded its operations in South America, Asia and Russia.
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In 2000, Stora Enso acquired the North American pulp and paper manufacturer Consolidated Papers for EUR 4.
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In 2009, Stora Enso entered into a joint venture in Uruguay, called Montes del Plata, with access to 250,000 hectares of woodland and the intention to build a large-capacity mill.
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In 2010, Stora Enso acquired a 30 per cent stake in the Chinese printed paper packaging manufacturer Inpac.
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In July 2017, the Financial Times reiterated that a focus on renewable packaging, biomaterials and construction products formed part of the strategic direction of Stora Enso, while reporting that the revenue from paper had decreased further to 30 per cent of the total sales.
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In July 2021 Stora Enso informed that it was selling its RFID tag technology called ECO to Grupo CCRR.
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In 2021, Stora Enso offer products and services through six corporate divisions.
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In 2008, Stora Enso sold the building to the German property company Deka Immobilien GmbH for €30 million and started renting the building, while declaring its intention to move to other rented premises in the Helsinki area.
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Stora Enso moved to a temporary headquarters in a property owned by Varma in Salmisaari.
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In 2013, Stora Enso published a report written by independent law firms, which the company had commissioned to investigate the accusations.
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Eucalyptus cultivation by Stora Enso has been discussed critically, especially in relation to the 2011 documentary film Red Forest Hotel.
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Swedish program Kalla fakta reported in 2014 that Stora Enso used child labor in its activities in Pakistan, and that the company had been aware of it since 2012.
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In July 2014 Stora Enso started to collaborate with Save the Children around children's rights.
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The experiences in Pakistan prompted Stora Enso to appoint an executive vice president for sustainability to its group leadership team, and to include sustainability managers in its division leadership teams.
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Stora Enso was the main sponsor of the FIS Nordic World Ski Championships 2017 in Lahti.
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Stora Enso provided the games with items made of renewable materials, including two spectator shelters built from cross laminated timber elements, which were subsequently donated to the host city.
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