Changes to Stora Enso’s Consumer Board and Packaging Solutions divisions
STORA ENSO OYJ STOCK EXCHANGE RELEASE 4 December 2019 at 9.00 EETStora Enso is merging its container board business in the Packaging Solutions division with the Consumer Board division, creating a new Packaging Materials division. The remaining business in Packaging Solutions together with Stora Enso’s recently created formed fiber unit, will constitute a more focused Packaging Solutions division. The change is effective as of 1 January 2020. Based on the new structure, 2018 sales for the Packaging Materials division were approximately EUR 3 400 million and for Packaging Solutions EUR 700