Stora Enso completes exit from Russia
Finland's Stora Enso has divested the last of its Russian operations, three corrugated packaging plants, to local management, the forestry firm said on Monday. "We have sold all our operations in Russia," a company spokeswoman said, adding the divestment was pending regulatory approvals by local authorities. On 2 March, Stora Enso announced it would stop all production and sales in Russia, condemning Russia's invasion of Ukraine. Prior to what Moscow calls 'a special operation' in Ukraine, Stora Enso employed around 1,100 people in Russia and its Russian sales accounted for approximately ...
Register for unlimited access
We work hard to bring you the latest news in the world of international wood industry. The article you are currently reading is available only to registered users.
By registering you gain access to:
Thousands of quality articles
In-depth analyses of market trends
Exclusive market price insights
And much more!
