AI Terminal

MODULE: AI_ANALYST
Interactive Q&A, Risk Assessment, Summarization
MODULE: DATA_EXTRACT
Excel Export, XBRL Parsing, Table Digitization
MODULE: PEER_COMP
Sector Benchmarking, Sentiment Analysis
SYSTEM ACCESS LOCKED
Authenticate / Register Log In

Stora Enso Oyj

Regulatory Filings Dec 20, 2018

3239_rns_2018-12-20_651ac818-adb6-49be-bbfa-abb03c797498.html

Regulatory Filings

Open in Viewer

Opens in native device viewer

Disclosure 367225

Stora Enso Oyj - Other information disclosed according to the rules of the Exchange

Stora Enso divests Swedish packaging manufacturer June Emballage

STORA ENSO OYJ STOCK EXCHANGE RELEASE 20 December 2018 at 16.00 EET Stora Enso has divested 100% of the shares of its Swedish subsidiary June Emballage AB to its current management team. June Emballage is a manufacturer specialized in small-batch custom-made transport packaging in corrugated board. “We believe that June Emballage is in a better position to serve its smaller scale markets for custom-made packaging as a stand-alone supplier. Stora Enso will continue to focus on growing our core business and further develop our leading corrugated packaging offering in Sweden,” says David Ekberg, SVP and Head of Corrugated Nordics, Stora Enso’s Packaging Solutions division. The transaction will not have any significant impact on Stora Enso’s sales, operational EBIT or net debt. For further information, please contact: Carl Norell SVP Communications Packaging Solutions division tel. +46 722 410 349 Investor enquiries: Ulla Paajanen SVP, Investor Relations tel. +358 40 763 8767 Part of the bioeconomy, Stora Enso is a leading provider of renewable solutions in packaging, biomaterials, wooden constructions and paper globally. We believe that everything that is made from fossil-based materials today can be made from a tree tomorrow. Stora Enso has some 26 000 employees in over 30 countries. Our sales in 2017 were EUR 10 billion. Stora Enso shares are listed on Nasdaq Helsinki (STEAV, STERV) and Nasdaq Stockholm (STE A, STE R). In addition, the shares are traded in the USA as ADRs (SEOAY). storaenso.com (http://www.storaenso.com/) STORA ENSO OYJ For further information, please contact: Carl Norell SVP Communications Packaging Solutions division tel. +46 722 410 349 Investor enquiries: Ulla Paajanen SVP, Investor Relations tel. +358 40 763 8767

Talk to a Data Expert

Have a question? We'll get back to you promptly.