Stora Enso

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Stora Enso Oyj

logo
legal form Joint stock company (Finland)
ISIN FI0009005961
founding 1288 to Stora; 1872 to Enso; 1998 (merger)
Seat Helsinki , FinlandFinlandFinland 
management Annika Bresky ( CEO )
Number of employees 26,151
sales 10.5 billion euros
Branch Paper and packaging, forestry
Website www.storaenso.com
As of December 31, 2018

1/8 stake in the Falun mine , 1288
Stora Enso headquarters in Helsinki city center; Architect: Alvar Aalto 1962

The Finnish - Swedish group Stora Enso ( Swedish [stu: ra] and Finnish [enso]) is the second largest forest company in the world in terms of production capacity and one of the largest producers of paper and packaging . The company is based in Helsinki , Finland .

The company employs people in more than 40 countries on five continents and has a production capacity of 13.1 million tons of paper and cardboard and 7.5 million cubic meters of sawn timber products, of which 3.2 million cubic meters are processed in-house. Stora Enso shares are traded on the Helsinki ( OMX Helsinki 25 ) and Stockholm Stock Exchanges.

history

The foundation stone for the history of Stora was the acquisition of a copper ore mining concession by the Swedish Bishop Peter in 1288. For seven centuries, copper mining in the Falun mine was the core business of the company, which has been known as " Stora Kopparbergs bergslag " since 1862 , "Stora" for short, carries. It was not until the beginning of the 20th century that the company began to work increasingly in the fields of logging and paper production . In 1990 Stora expanded into the German market by taking over the German-Swedish Feldmühle Group .

The Finnish company Enso was founded in 1872 as the sawmill “W. Gutzeit & Co ”and has been called“ Enso-Gutzeit ” since 1924 after the industrial town of Enso (today Swetogorsk ). In 1997 "Enso" took over the German paper company E. Holtzmann .

The Austrian Schweighofer wood industry emerged from a family business that dates back to 1642. Gerald Schweighofer turned it into one of the largest sawing companies in Europe in the 1990s. In October 1998, Stora, Enso and Holzindustrie Schweighofer merged to form Stora Enso, with the sawmills belonging to the Stora Enso Timber division. At the time of the merger, Stora Enso was the world's largest paper group with sales of 60 billion Finnmark and a production capacity of 12,700 tons. In September 2001 Stora Enso Timber took over the 26% share from Holzindustrie Schweighofer.

In 2004 the Polish Intercell Group was taken over. Stora Enso now owns another packaging ( kraft paper ) plant in Poland. In 2006, Papyrus , the paper and packaging wholesaling arm of Stora Enso, took over the German Schneidersöhne group, making Stora Enso the second largest paper retailer in Europe. At the end of April 2008, Stora Enso sold 100% of Papyrus to the Swedish financial investment company Altor . The sales agreement also included a long-term paper supply agreement between Stora Enso and Papyrus.

Production sites

Paper mill in Oulu at night
Stora Enso paper mill in Eilenburg
Stora Enso in Baienfurt
Stora Enso in Hagen (right, behind the thermal power station)
Stora Enso in Uetersen

Worldwide

2008: The production of paper and cardboard is divided into the following countries:

The production capacity of paper and cardboard with 12.1 million tons for 2013 is divided between the following countries:

  • Finland 38%
  • Sweden 28%
  • Germany 13%
  • People's Republic of China 4%
  • Brazil 2%
  • other countries 15%

Germany

In 1998 Stora Enso had 4,200 employees in Germany, 20 years later only 1,600 of them remained. Around 13 percent of the Group's capacity and sales come from the Federal Republic of Germany with a production capacity of 2.3 million tons of cardboard and paper (2001). On September 10, 2008, Stora Enso published a comprehensive restructuring program . The German locations were also affected by this.

Active locations

The locations of the group are spread out

  • Düsseldorf : sales office and wood purchasing
  • Baienfurt : Format equipment for folding boxboard
  • Lübeck : Format equipment for folding boxboard
  • Sachsen Mill in Eilenburg : recycled newsprint
  • Karlsruhe - Maxau : magazine paper
    • Newsprint production in Maxau was discontinued in 2010. The number of employees fell from around 720 to around 450 between 2008 and 2012.
  • Pfarrkirchen : wood processing company

Former locations and production facilities

  • The Düsseldorf-Reisholz plant with two paper machines was closed at the end of 2007.
  • Baienfurt plant : shutdown of the board machine at the end of 2008 (210,000 t / a). Only one cutting center with 40 employees remained at the Baienfurt site.
  • Plant Hagen : shutdown of paper machine 3 at the end of 2008 (140,000 t / a). 2016 Sale of the plant for coated wood-containing papers with 540 employees to the newly founded Hagen-Kabel Pulp & Paper GmbH .
  • Maxau plant: shutdown of paper machine 7 at the end of 2010 (190,000 t / a), loss of 180 jobs
  • Uetersen : wood-free, multi-coated picture printing papers and one-side coated, wet-strength label papers. The plant has been independent as Feldmuehle Uetersen GmbH since 2015 .
  • Forbach , Weisenbach : Former works of E. Holtzmann & Cie. (shut down)

Austria

Three of the approximately 25 sawmills are in Austria:

  • Ybbs , Lower Austria. (460 employees, the largest sawmill in the group, built in 1983, produces Cross Laminated Timber (CLT))
  • Brand , Lower Austria. (was the main sawmill of the Schweighofer family)
  • Bad St. Leonhard , Ktn.

Active until 2015:

  • Sollenau , Lower Austria. (The sawing operation was discontinued at the end of the 1st quarter of 2014, the planed goods and glued timber production at the end of the 2nd quarter of 2015, manufactured beams, glued timber binders.)

Sweden

Today's paint factory of Stora Kopparbergs Bergslags AB at the former mine in Falun , 2009
  • Fors Mill: folding boxboard
  • Hylte Mill, Hyltebruk : 920 employees, newsprint
    • 2012: PM 1 shut down
    • May 2013: Closure of PM 2 with a capacity of 205,000 tons of newsprint per year
  • Jönköping Mill
  • Kvarnsveden Mill
    • May 2013: Decommissioning of PM 11 with a capacity of 270,000 tons of newsprint per year
  • Nymölla Mill
  • Skene Mill
  • Skoghall Mill: folding boxboard
  • Skutskar Pulp Mill
  • Vikingstad Mill

Poland

Key figures

2007 2008 2009 2010 2011 2012 2013 2014 2015 2016 2017 2018
Sales revenue (€ million) 11,849 11,029 8,945 10,297 10,965 10,837 10,563 10,213 10,040 9,802 10,045 10,486
EBIT (€ million) - - - 797 867 630 578 810 915 884 1.004 1,325
Profit (million €) 113.3 148.7 59.0 87.3 −299.3 −476.9 614 988
Equity (€ million) (a) 691.5 841.1 865.5 922.9 630.8 117.8 6,055 6,732
Balance sheet total (€ million) (a) 1,704.5 2,120.6 2,217.1 2,635.3 2,277.8 1,333.6 11,770 12,849
Equity ratio (%) (a) 40.6 39.7 39.0 35.0 27.7 8.8 51.4 52.3
Employee (a) 36,137 33,815 28,696 27,383 27,958 28,777 28,231 27,200 25,680 25,447 26,116 26,151
(a) average

environment

Stora Enso's wood purchasing organization (Forestproducts / Wood Supply Division) and most of the factories are PEFC and / or FSC certified. In addition, a system was introduced for the proof of origin of the wood used, which is also honored by its customers (for example Axel Springer Verlag). In Germany, over 70% of the wood used comes from PEFC or FSC-certified forestry. The German paper mills process u. a. Wood from Germany and France. Pulp comes from the plantations in Latin America in increasing quantities. Here Stora Enso works together with the environmental organization to establish certification standards.

Stora Enso and the Finnish companies UPM-Kymmene and Metsä-Serla keep making headlines because, as a major customer of the Finnish national forest, they purchase wood from forests that have been classified as primeval forests by environmental non-governmental organizations and their use conflicts with local residents Sami and reindeer herding. As long as this wood is processed in pulp mills, it can also find its way into products for the German market.

Web links

Commons : Stora Enso  - collection of images

Individual evidence

  1. Annica Bresky. In: storaenso.com. Retrieved May 14, 2020 (English).
  2. a b c Stora Enso: Full year financial results 2018. (PDF) February 1, 2019, accessed on February 6, 2019 .
  3. a b Handelsblatt , June 3, 1998, p. 1 / title page
  4. Stora Enso finalises divestment of its merchant business Papyrus to Altor. In: Stock Exchange Release. Stora Enso, April 30, 2008, accessed June 15, 2016 .
  5. Paper and board capacity by country in 2008 ( Memento of the original from July 8, 2008 in the Internet Archive ) Info: The archive link was inserted automatically and has not yet been checked. Please check the original and archive link according to the instructions and then remove this notice. @1@ 2Template: Webachiv / IABot / www.storaenso.com
  6. Facts & Figures. (PDF; 3.9 MB) (No longer available online.) Stora Enso, February 19, 2013, formerly in the original ; accessed on February 19, 2013 (English, 2012 annual report).  ( Page no longer available , search in web archivesInfo: The link was automatically marked as defective. Please check the link according to the instructions and then remove this notice. @1@ 2Template: Dead Link / www.storaenso.com  
  7. Stora Enso in Facts on storaenso.com (accessed December 25, 2017)
  8. Paper manufacturer Stora Enso closes paper mill in Baienfurt: 350 jobs affected. Schwäbische Zeitung , September 10, 2008, accessed on February 18, 2013 : “In total, the company wants to cut 1600 jobs and save 140 million euros per year by 2010. Downsizing is also planned in Finland and at Swedish subsidiaries. "
  9. Stora Enso to close down Baienfurt Mill and paper machine at Kabel Mill in Germany. In: Stock Exchange Release. Stora Enso, November 4, 2008, accessed on June 15, 2016 (English): “The Supervisory Board of Stora Enso's German holding company's has decided to close down Baienfurt Mill and Kabel Mill's coated magazine paper machine (PM) 3 with annual capacity 140 000 tonnes by the end of the year 2008. "
  10. Philip Wurster: Stora Enso shuts down newsprint machine. (No longer available online.) In: print.de . September 7, 2010, archived from the original on January 6, 2018 ; accessed on January 6, 2018 . Info: The archive link was inserted automatically and has not yet been checked. Please check the original and archive link according to the instructions and then remove this notice. @1@ 2Template: Webachiv / IABot / www.print.de
  11. ^ The Maxau plant at a glance - April 15, 2008 ( Memento from December 22, 2009 in the Internet Archive )
  12. Further job cuts at Stora Enso. In: econo .de. September 3, 2013, accessed January 6, 2018 .
  13. Stora Enso Baienfurt Mill. (PDF; 90 kB) (No longer available online.) Stora Enso, September 2008, formerly in the original ; accessed on February 19, 2013 (English): "Stora Enso's Baienfurt Mill, located in Southern Germany, has a production capacity of 210,000 metric tons per annum and employs approx 400 people. The mill produces folding boxboard grades on a multiply fourdrinier board machine in a substance range of 160 - 380 gsm. "
  14. Stora Enso sells the Hagen plant to a new company. In: Westfalenpost. June 1, 2016, accessed January 6, 2018 .
  15. The paper mill is independent again - Source: shz.de © 2018. In: Pinneberger Tageblatt. February 20, 2015, accessed January 6, 2018 .
  16. Japanese high-rise buildings built with timber from Ybbs orf.at, December 16, 2018, accessed December 16, 2018.
  17. Stora Enso enhances efficiency in Central European sawmills newsclient.omxgroup.com, February 19, 2014, accessed December 16, 2018, English.
  18. Sollenau closes - due to general conditions, holzkurier.com, February 21, 2014, accessed December 16, 2018.
  19. Financial Report, Part of Stora Enso's Annual Report 2017 , Stora Enso, December 4, 2018
  20. storaenso.com  ( page no longer available , search in web archivesInfo: The link was automatically marked as defective. Please check the link according to the instructions and then remove this notice.@1@ 2Template: Dead Link / www.storaenso.com  
  21. storaenso.com ( Memento of the original from September 8, 2015 in the Internet Archive ) Info: The archive link was inserted automatically and has not yet been checked. Please check the original and archive link according to the instructions and then remove this notice. @1@ 2Template: Webachiv / IABot / www.storaenso.com