Exit Completed: company sold its business/assets or its part of the business to a local partner and leaved the market

Exited Exit Completed

Stora Enso Oyj is a manufacturer of pulp, paper and other forest products, headquartered in Helsinki, Finland. The majority of sales takes place in Europe, but there are also significant operations in Asia and South America.

Exit Completed: company sold its business/assets or its part of the business to a local partner and leaved the market

Exited Exit Completed
Staff
126
Glob.Revenue, mln.USD
10745
The Company Statement
January 16, 2022

Divested 3 corrugated packaging plants in Russia; 02.06.2022: Full name changed from LIMITED LIABILITY COMPANY "STORA ENSO PAKADZHING BB" to LIMITED LIABILITY COMPANY "NOVO PAKADZHING BB" STORA ENSO PACKAGING". 20.05.2022: LLC "NOVOPAK" becomes the new founder of the organization. The record about the founders of JSC "STORA ENSO PAKAJING" has been deleted. 06.07.2022: SETNOVO GROUP LLC becomes the new founder of the organization. The record about the founder JSC "STORA ENSO OYUY" was deleted.

https://www.packaging-gateway.com/news/stora-enso-russia-plant/
August 22, 2022https://www.storaenso.com/en/newsroom/regulatory-and-investor-releases/2022/3/stora-enso-stops-all-production-and-sales-in-russia#:~:text=Stora%20Enso%20today%20announced%20that.Russia%2C%20employing%20around%201%2C100%20people.
https://news.finance.ua/ua/stora-enso-prodaye-svoi-lisopyl-ni-zavody-v-rf-miscevomu-menedzhmentu
March 02, 2022https://www.storaenso.com/en/newsroom/regulatory-and-investor-releases/2022/3/stora-enso-stops-all-production-and-sales-in-russia
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