Stora Enso
From Freepedia
| Financial Information | ||
|---|---|---|
| 2002 | 2001 | |
| Net Sales (€M) | 12,783 | 13,509 |
| Net Earnings (€M) | -222 | 926 |
Stora Enso Oyj (NYSE: SEO) 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 in 1998. It has approximately 42,500 employees and in 2002 it was the fifth largest pulp and paper manufacturer in terms of revenue. The Finnish State is the biggest shareholder in the company.
Stora Enso, by one count, is the oldest corporation in the world. Originally known as Stora Kopparberg, it was granted a charter from King Magnus II of Sweden in 1347.
In 2000 the company acquired U.S. company Consolidated Papers, Inc. In 2000 Stora Enso and AssiDomän formed a joint company, Billerud AB, to produce packaging paper.
See also
- Svenska Cellulosa Aktiebolaget
- UPM-Kymmene
- List of Swedish companies
- List of Finnish companies
- Enso (town)
External links
- Stora Enso - Official site
- Financial information
- Yahoo! - Stora Enso Oyj Company Profile
Categories: Companies traded on the New York Stock Exchange | Companies of Finland | Companies of Sweden | Pulp and paper companies
