| Business Summary | | Stora
Enso
OYJ
is
a
major
global
producer
of
forest
products.
The
Company
is
engaged
in
the
manufacture
of
magazine
papers,
newsprint,
fine
paper
and
packaging
boards,
and
also
conducts
extensive
saw-milling
operations.
To
further
strengthen
its
market
position
and
better
serve
customers
in
the
United
States,
Stora
Enso
recently
acquired
Consolidated
Papers,
Inc.
Selective
expansion
in
core
businesses
is
also
underway
in
Europe,
North
America
and
Asia. | More
from
Market Guide: Expanded
Business Description |
| Financial Summary | | Stora
Enso
OYJ
is
a
producer
of
paper,
packaging
and
wood
products,
including
coated
and
uncoated
magazine
paper,
newsprint,
office
and
graphic
paper,
packaging
and
containerboard,
sawn
timber
and
bleached
pulp.
For
the
six
months
ended
6/30/01,
sales
rose
15%
to
EUR7.03
billion.
Net
income
fell
53%
to
EUR438.1
million.
Revenues
reflect
the
acquisition
of
Consolidated
Papers.
Earnings
were
offset
by
lower
operating
margins
due
to
reduced
volumes. | More
from
Market Guide: Significant
Developments |
| | | Claes
Dahlback,
Chmn. Krister
Ahlstrom,
Vice
Chmn. Jukka
Harmala,
CEO Bjorn
Hagglund,
Deputy
CEO Ingvar
Petersson,
Sr. Exec. VP. | More
from
Market Guide on Officers & Directors: Expanded
List, Bios,
Compensation,
Options
|
|