About STORA ENSO
STORA ENSO is a company based in Stockholm (Sweden) founded in 1972.. The company has 18,560 employees as of December 31, 2024. STORA ENSO has completed 7 acquisitions, including Cellutech, Consolidated Papers and De Jong Packaging. STORA ENSO operates in a competitive market with competitors including Trex, Kebony, TimberHP, Leko and MoistureShield, among others.
- Headquarter Stockholm, Sweden
- Employees 18560 as on 31 Dec, 2024
- Stage Public
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Sectors
Real Estate & Construction
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Phone
*********
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Website
*********
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Social
*********
- Legal Name Stora Enso Oyj Class A
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Annual Revenue
$9.4 B (USD)-3.69as on Dec 31, 2024
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Net Profit
$-141.29 M (USD)61.9as on Dec 31, 2024
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EBITDA
$622.3 M (USD)43.3as on Dec 31, 2024
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Latest Funding Round
$434.49 K (USD), Grant
Aug 23, 2023
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Investors
European Union
& 2 more
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Employee Count
18560
as on Dec 31, 2024
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Investments & Acquisitions
Cellutech
& 6 more
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IPO & Listings of STORA ENSO
STORA ENSO is a publicly listed company on the OMXHEX with ticker symbol STEAV in Finland, operating in the Process industries sector. As a publicly traded entity, the company provides investors with opportunities to participate in its growth story through equity ownership. The listing enables access to capital markets, enhances corporate visibility, and provides liquidity for shareholders while maintaining transparency through regulatory compliance and regular financial disclosures.
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Software Development Team
104 people
Leadership Team
57 people
Sales and Marketing
52 people
Human Resources and Administration
40 people
Product Management Team
32 people
Finance and Accounting
25 people
Head Team
16 people
Senior Team
14 people
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Funding Insights of STORA ENSO
- Total Funding Total Funding
- Total Rounds 10
- Last Round Grant — $434,494
- First Round First Round
- Investors Count 3
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Aug, 2023 | Amount | Grant - STORA ENSO | Valuation |
investors |
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| Jun, 2023 | Amount | Grant - STORA ENSO | Valuation |
investors |
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| Mar, 2023 | Amount | Grant - STORA ENSO | Valuation |
investors |
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in STORA ENSO
STORA ENSO has secured backing from 3 investors, including institutional investors. Prominent investors backing the company include European Union, Austria Wirtschaftsservice and BAFA. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Banking regulatory services are provided for Austrian financial institutions.
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Founded Year | Domain | Location | |
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Business and energy news is delivered via an online platform.
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Founded Year | Domain | Location | |
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Government entites focused on freedom, democracy, equality and the rule of law, promoting peace and stability
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Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Founded Year | Domain | Location | |
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Founded Year | Domain | Location | |
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Venture capital is directed toward companies in multiple sectors.
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Founded Year | Domain | Location | |
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by STORA ENSO
STORA ENSO has strategically engaged in corporate development activities, having acquired 7 companies. Notable acquisitions include Cellutech, Consolidated Papers and De Jong Packaging. These strategic investments and acquisitions demonstrate the company's commitment to growth through portfolio expansion, market consolidation, technology integration, and strategic partnerships that enhance competitive positioning and drive long-term value creation.
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Company that operates in the wood industry, building a new generation sawmill complex and processing coniferous material for various applications
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2020 | ||||
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Domain registration, web hosting, and DNS services are provided.
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2012 | ||||
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Forming, filling, and sealing machine for packaging purposes
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2008 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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OVO is recognized as a smart digital payment application.
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2017 | ||||
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Bionic investment advisor platform
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 |
Financial Statements - STORA ENSO
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Stora Enso Comparisons
Competitors of STORA ENSO
STORA ENSO operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Trex, Kebony, TimberHP, Leko and MoistureShield, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Architectural services for decking and outdoor structures are offered.
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| domain | founded_year | HQ Location |
Alternative to tropical wood is manufactured from softwood by Kebony.
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| domain | founded_year | HQ Location |
Developer of wood fibre insulation for the residential and light commercial construction markets
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| domain | founded_year | HQ Location |
Augmented wood-based biocomposites are developed using AI robotics for construction.
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| domain | founded_year | HQ Location |
Wood decking products are manufactured and supplied by MoistureShield.
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| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Latest news on Stora Enso
Frequently Asked Questions about STORA ENSO
When was STORA ENSO founded?
STORA ENSO was founded in 1972 and raised its 1st funding round 40 years after it was founded.
Where is STORA ENSO located?
STORA ENSO is headquartered in Stockholm, Sweden.
Who is the current CEO of STORA ENSO?
Jouko Karvinen is the current CEO of STORA ENSO.
How many employees does STORA ENSO have?
As of Dec 31, 2024, the latest employee count at STORA ENSO is 18,560.
What is the annual revenue of STORA ENSO?
Annual revenue of STORA ENSO is $9.4B as on Dec 31, 2024.
What does STORA ENSO do?
STORA ENSO was established in 1972 and is headquartered in Stockholm, Sweden. Operations focus on the renewable materials sector, where advanced building materials are produced. Solutions are offered for packaging, biomaterials, wood products, and paper, supporting sustainable applications across global markets. The company serves industries requiring eco-friendly alternatives to traditional resources.
Who are the top competitors of STORA ENSO?
STORA ENSO's top competitors include Trex, Strong by Form and Kebony.
Is STORA ENSO publicly traded?
Yes, STORA ENSO is publicly traded on OMXHEX under the ticker symbol STEAV.
How many acquisitions has STORA ENSO made?
STORA ENSO has made 7 acquisitions, including Cellutech, Consolidated Papers, and De Jong Packaging.
Who are STORA ENSO's investors?
STORA ENSO has 3 investors. Key investors include European Union, Austria Wirtschaftsservice, and BAFA.
What is STORA ENSO's ticker symbol?
The ticker symbol of STORA ENSO is STEAV on OMXHEX.
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