Stora Enso

Stora Enso Oyj (from Swedish: Stora [ˈstǔːra] and Finnish: Enso [ˈenso]) is a Finnish and Swedish forest industry company. It develops and produces various materials, mostly based on wood, for a range of industries and applications worldwide. In terms of total revenue, Stora Enso was the 9th largest company in Finland. Its headquarters are located in the four-storey wooden building Katajanokan Laituri in Katajanokka, Helsinki, Finland. Since 2023, Hans Sohlström has served as the CEO of the company. The majority of sales takes place in Europe, but there are also significant operations in Asia and South America. 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. In 2023, there were 20,000 employees. In 2015, Stora Enso was ranked seventh in the world by sales and fourth by earnings, among forest, paper and packaging industry companies. For the first two quarters of 2018, the company was ranked second by net earnings among European forest and paper industry companies. The corporate history can be traced back to the oldest known preserved share certificate in the world, issued in 1288 by Stora Kopparberg. Based on this, some observers consider Stora Enso to be the oldest limited liability company in the world.