- Stora Enso
Infobox Company
company_name = Stora Enso
company_
company_type = Public
foundation = 1998 (1347)
location =Helsinki ,Finland
key_people = Claes Dahlbäck (Chairman of the board), Jouko Karvinen (President and CEO)
industry = Paper and packaging
products = Publication and fine paper, packaging board, and wood products
revenue = €13.37 billion (2007)cite web |url=http://www.storaenso.com/CDAvgn/showDocument/0,,5309,00.pdf |title=Annual Report 2007 |accessdate=2008-04-13 |publisher=Stora Enso]
net_income = loss (€215 million) (2007)
num_employees= 39,200 (2007)
homepage = [http://www.storaenso.com/ www.storaenso.com]
intl = yesStora Enso Oyj (nyse|SEO, OMX|HEX24360|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 inHelsinki , and it has approximately 46,000 employees. In 2002 it was the fifth largest pulp and paper manufacturer in terms ofrevenue and in 2005 it was the world's largest pulp and paper manufacturer in terms of production capacity. The Finnish State is the biggest shareholder in the company.Stora, oldest limited company in the world
Stora was, by one count, the oldest existing
corporation or "limited liability company " in the world. Originally known as StoraKopparberg , it was granted a charter from KingMagnus IV of Sweden in 1347. The first share in the company is however dated already in 1288 and mining in the mountain had started possibly much earlier.Enso
Enso-Gutzeit Oy was founded in the 19th century in
Norway as W. Gutzeit & Co. byWilhelm Gutzeit , the half-brother of industrialist Benjamin Wegner. His sonHans Gutzeit moved the company to Finland, where it became the largest forestry company in the country.Enso-Gutzeit Osakeyhtiö bought
A. Ahlström Osakeyhtiö’s forest industries atVarkaus in December 1986. In 1995 a decision was made to merge two state owned forest giants together. The merger materialized next year when Enso-Gutzeit Oy and North Finland based Veitsiluoto Oy formed Enso Oy.In 2000, the company acquired the U.S. company
Consolidated Paper . In the same year, Stora Enso andAssiDomän formed a joint company,Billerud AB, to produce packaging paper.See also
*
Ahlstrom
*Svenska Cellulosa Aktiebolaget
*UPM-Kymmene
*List of Swedish companies
*List of Finnish companies
*Enso (town)
*List of oldest companies References
External links
*Commonscat-inline
* [http://www.storaenso.com Stora Enso] - Official site
* [http://www.storaenso.com/CDAvgn/main/0,,1_EN-1762-1530-,00.html Financial information]
* [http://biz.yahoo.com/ic/90/90932.html Yahoo! - Stora Enso Oyj Company Profile]
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