{"id":80179,"date":"2021-01-06T10:51:58","date_gmt":"2021-01-06T10:51:58","guid":{"rendered":"https:\/\/tin.happy-projects.ro\/stora-enso-sells-forest-assets-sweden\/"},"modified":"2025-09-19T08:54:34","modified_gmt":"2025-09-19T08:54:34","slug":"stora-enso-sells-forest-assets-sweden","status":"publish","type":"post","link":"https:\/\/www.timberindustrynews.com\/ro\/stora-enso-sells-forest-assets-sweden\/","title":{"rendered":"Stora Enso sells forest assets in Sweden"},"content":{"rendered":"<p><em>As part of its forest land optimization, Stora Enso has signed an agreement to divest forest assets located in southern Sweden to the forestry fund Silvestica Green Forest AB.\u00a0<\/em><\/p>\n<p>The total area of \u200b\u200bforest land in the transaction is approximately 5,200 hectares.\u00a0The selling price is approximately SEK 940 million (EUR 90 million).<\/p>\n<p>The transaction is in line with Stora Enso's policy of divesting non-core assets.\u00a0The forest areas are located geographically far away from Stora Enso's other forest lands, which limits the scale benefits.\u00a0The forest land divestment has no impact on Stora Enso's nearby Hylte Mill, which uses other wood supply sources for its production.\u00a0The forest land corresponds to less than 0.5% of Stora Enso's total forest land area in Sweden.<\/p>\n<p>The cash consideration for the divestment is EUR 90 million.\u00a0Stora Enso will record a gain of approximately EUR 70 million, based on the assets' historical cost, in the Forest division's operational EBIT for the first quarter of 2021. The gain under IFRS will be approximately EUR 30 million, based on the estimated IFRS book value at the disposal date.<\/p>","protected":false},"excerpt":{"rendered":"<p>As part of its forest land optimization, Stora Enso has signed an agreement to divest forest assets located in southern Sweden to the forestry fund Silvestica Green Forest AB.\u00a0 The total area of \u200b\u200bforest land in the transaction is approximately &hellip; <a href=\"https:\/\/www.timberindustrynews.com\/ro\/stora-enso-sells-forest-assets-sweden\/\">Continue reading <span class=\"meta-nav\">&rarr;<\/span><\/a><\/p>","protected":false},"author":1,"featured_media":57903,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"inline_featured_image":false,"footnotes":""},"categories":[4713,4716],"tags":[4315,3271,3328],"class_list":["post-80179","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-companies-in-the-timber-industry","category-latest-trends","tag-forest-assets","tag-stora-enso","tag-sweden","topic-forestry","area-europe"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v25.9 - 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