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Home > Company Index > Manufacturing > Paper & Paper Products > Holmen AB

Holmen AB
 PROFILE
Holmen AB is one of Sweden's oldest and largest paper manufacturers. Holmen's core products include newsprint, magazine paper, and paperboard, but it also produces and sells lumber. The company (formerly Mo och Domsjö, or MoDo) operates four business segments: Holmen Paper (newsprint, magazine paper, telephone directory paper, and office paper), Iggesund Paperboard (packaging for the food, cosmetics, pharmaceuticals, and publishing industries), Iggesund Timber (sawn timber), and Holmen Skog (timber procurement and forest management). Customers in Western Europe account for most of Holmen's sales. Swedish brokerage firm L E Lundbergföretagen AB controls about 51% of Holmen; Kempe Foundations controls almost 15%.

 COMPETITION
International Paper Company (IP)
Stora Enso Oyj (dossier)
UPM-Kymmene Corporation (UPM)

 FINANCIAL OVERVIEW
Fiscal Year-End: December
2000 Sales (mil.): 1,609.50
1-Yr. Sales Growth: (34.9)%
Employees: 5,275
Revenue per employee: $305,118.48

 KEY PEOPLE
• Per Ericson
    CEO
• Anders Almgren
    CFO

 CONTACT INFO
Strandvägen 1
S-114 84 Stockholm, Sweden
Phone: 46-8-666-2100
Fax: 46-8-666-2130
Online: Web Site

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