Police: Mass Death of Freshwater Pearls Causes Million-Euro Damage
A police report reveals significant damage caused to an endangered freshwater pearl mussel population at a logging site owned by Stora Enso in Suomussalmi, Finland, with a financial impact estimated at nearly two million euros.
Björn Wahlroos predicted the destruction of a large factory - Now there is an answer
Hans Sohlström, CEO of the forestry company Stora Enso, responded to Björn Wahlroos' prediction about the potential shutdown of a modern pulp factory in Finland due to raw material sourcing difficulties.
Strong Stock Day for Forestry Companies – Stora Enso and UPM Also Boosted Metsä Board
Finnish forestry companies saw a significant stock increase in the Helsinki Stock Exchange, with Stora Enso rising by 7.6% and UPM by 6.3%, despite no major positive surprises in their earnings announcements.
Wärtsilä had a record year, Stora Enso's results weakened
Wärtsilä reported a strong end to an outstanding year with a significant increase in comparable operating profit and sales, while Stora Enso faced a decline in results.
Stora Enso's Revenue Dropped
Stora Enso's performance declined as expected in the last quarter of the previous year due to low pulp prices and the startup of a new cardboard line at its Oulu facility, with adjusted operating profit falling to €100 million from €121 million year-on-year.