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Stora Enso Signs Pharma DDS Partnerships

Stora Enso has signed the first Pharma DDS packaging license agreements in the U.S. and in Europe. The company will partner with Sharp Corp. to package pharmaceutical products into Pharma DDS cartons. An agreement has also been reached with Cadmus Whitehall Group and with RLC Packaging Group to produce printed and converted components of the Pharma DDS carton. Pharma DDS is targeted for prescription...

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UPDATE 1-UPM Chairman says no plans for Stora merger-papers

HELSINKI, Aug 14 (Reuters) - There are no plans to merge the world's top paper and board maker Stora Enso and largest magazine paper maker UPM-Kymmene , UPM Chairman Bjorn Wahlroos told Finnish papers.

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Stora Enso Interim Review January-June 2008

HELSINKI, Finland, July 24 -- STORA ENSO OYJ INTERIM REVIEW 24 July 2008 at 06.00 GMT Summary of Second Quarter Results Continuing Operations: Q2/07 Q1/08 Q2/08 Sales EUR2 989.9 2 831.8 2 871.8 million Operating Profit excl. NRIEUR 222.9 140.194.4 and Fair V...

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Stora Q2 operating profit falls more than expected

HELSINKI (Reuters) - Stora Enso , the world's top paper and board maker, reported on Thursday lower-than-expected second-quarter operating profit, hit by rising costs.

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Brazil's Veracel to appeal deforestation ruling

HELSINKI (Reuters) - The world's top paper and board maker Stora Enso said on Friday its associated firm, Veracel of Brazil, would appeal against a court decision which said it had no valid deforestation permits.

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Stora Enso's Associated Company Veracel's Permits Questioned

HELSINKI, Finland, July 11 /PRNewswire-FirstCall/ -- Stora Enso's associated company Veracel in Brazil has received a decision issued by a federal judge in Bahia originating from a claim of 1993 in which Veracel (at that time Veracruz Florestal Ltda.) was accused of having deforested a minor area (64 hectares) of native forest in 1993. In the decision, the judge claims i.a. that Veracel's permits...

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Stora Enso Financial Information Release Dates and AGM in 2009

HELSINKI, June 25 /PRNewswire-FirstCall/ -- STORA ENSO OYJ STOCK EXCHANGE RELEASE 25 June 2008 at 06.00 GMT Stora Enso Oyj will publish four interim reviews in 2009. The publication dates for financial information will be as follows: Thursday 5 February 2009 Results for 2008 Thursday 23 April 2009 Interim Review for January - March 2009 Thursday 23 July 2009 Interim Review for January - June...

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Stora Enso shares down 6.5% after profit warning

This is a Real-time headline. These are breaking news, delivered the minute it happens, delivered ticker-tape style. Visit www.marketwatch.com or the quote page for more information about this breaking news.

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UPDATE 2-Stora Enso says Q2 profit halves, sees costs up

HELSINKI, June 18 (Reuters) - The world's largest paper and board maker, Stora Enso Oyj , said its second-quarter operating profit would roughly halve from a year ago, with rising costs set to weigh on second-half profits too.

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Stora Enso sees profit down 50% as costs rise

LONDON (MarketWatch) -- Finland's Stora Enso said Wednesday that its second-quarter operating profit will likely be around half the 223 million euros ($173 million) it achieved in the second quarter of 2007. The paper producer said a mix of a poor performance from its wood products business, higher pulpwood costs, impacts from escalating oil prices, negative foreign exchange movements and the effects...

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Stora Enso's Second Quarter 2008 Operating Profit is Expected to be About Half of the Corresponding Quarter Last Year

HELSINKI, June 18 -- Stora Enso's operating profit excluding non-recurring items for the second quarter of 2008 is expected to be about half the EUR 223 million achieved in the same period of 2007. The main reasons for th...

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Stora Enso Sells its Head Office Building in Helsinki for Approximately EUR 30 Million

HELSINKI, June 9 /PRNewswire-FirstCall/ -- Stora Enso has signed an agreement to sell its head office building in Helsinki to Deka Immobilien GmbH of Germany for approximately EUR 30 million. Stora Enso's head office is located at Kanavaranta 1 in the Katajanokka district of Helsinki. A capital gain of approximately EUR 2 million will be recorded as a non-recurring item under Other operations in the...

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Stora Enso Starts Feasibility Study for a World-Class Pulp and Paper Mill in Nizhny Novgorod Region

HELSINKI, May 23 -- Stora Enso has decided to commence a feasibility study for an integrated pulp and paper mill in the Nizhny Novgorod region in Russia, as the findings of the recently complete...

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Stora Enso Starts Feasibility Study for a World-Class Pulp and Paper Mill in Nizhny Novgorod Region

HELSINKI, May 23 /PRNewswire-FirstCall/ -- Stora Enso has decided to commence a feasibility study for an integrated pulp and paper mill in the Nizhny Novgorod region in Russia, as the findings of the recently completed pre-feasibility study begun in July 2007 supported continuation of the process at this point. The feasibility study, which is expected to be completed by April 2009, will evaluate the...