Stora Enso signs letter of intent concerning possible pulp and paper mill in Russia
Stora Enso and the Nizhny Novgorod regional administration in Russia havesigned a letter of intent setting out the basic principles for furtherpre-investment work for a proposed paper and pulp mill in the region. Thenon-binding agreement is the logical continuation of the pre-feasibility studyannounced on 17 July 2007 and confirms the commitment of the Nizhny Novgorodadministration and Stora Enso to continuing with preparations for the potentialmill development. The objective of the project remains unchanged: tomanufacture paper for Russian consumers from Russian wood - in Russia.