Stora Enso signs EUR 435 million funding agreement with European Investment Bank
"The investment in Oulu supports our growth strategy in renewable, circular packaging by providing new volume for the growing packaging segment. The wood fiber is sourced from sustainably managed forests in the Nordics, and the boards are designed to replace plastics in food and personal care packaging," says
"This new loan with EIB will not only provide us with financial flexibility, but it also underscores our commitment to sustainable, profitable growth. Securing access to long-term capital from a variety of sources is a pivotal element of our strategy, as it enables us to invest in new growth opportunities," says Kaarlo Höysniemi, SVP Group Treasury.
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About the EIB
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For further information, please contact:
Kaarlo Höysniemi
SVP Group Treasury
tel. +358 400 251 179
Investor enquiries:
Anna-Lena Åström
SVP Investor Relations
tel. +46 70 210 7691
Part of the global bioeconomy,
For further information, please contact:
Kaarlo Höysniemi
SVP Group Treasury
tel. +358 400 251 179
Investor enquiries:
Anna-Lena Åström
SVP Investor Relations
tel. +46 70 210 7691
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