Stora Enso acquires mill site land at Beihai in China
Stora Enso Oyj Stock Exchange Release 28 April 2007 at 03.00 GMTStora Enso has signed a mill site land acquisition agreement withBeihai City Government in Guangxi, China. The agreement will provideStora Enso a total of 250 hectares of industrial land for possiblefuture use as a mill site. The mill site is by the sea in theTieshangang Industrial Zone of Beihai City in the north of Beibu Gulfin the South China Sea, near Vietnam. The purchase price is about EUR27 million. Stora Enso's Board of Directors has taken no formal decisionconcerning investment in a mill at Beihai. However,