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Stora Enso to Invest in Sachsen Mill
Helsinki, Finland, 02 December 2010 -- Stora Enso is investing EUR 30 million in its newsprint machine at the Sachsen mill in Germany. This project to improve paper quality is scheduled to be completed by the end of the second quarter of 2012.

“This investment will enable Sachsen mill to satisfy its customers' increasing quality demands, especially for lower grammage grades. The paper quality and productivity improvement will further enhance the mill's overall competitiveness in the challenging newsprint market situation in Europe,” said Juha Vanhainen, executive vice president, Publication Paper Business Area.

Stora Enso is a global paper, packaging, and wood products company producing newsprint and book paper, magazine paper, fine paper, consumer board, industrial packaging, and wood products. The Group is the world leader in forest industry sustainability. Stora Enso offers its customers solutions based on renewable raw materials. Its products provide a climate-friendly alternative to many nonrenewable materials, and have a smaller carbon footprint. Stora Enso is listed in the Dow Jones Sustainability Index and the FTSE4Good Index. Stora Enso employs some 27 000 people worldwide, and had sales in 2009 amounting to EUR 8.9 billion. Stora Enso shares are listed on NASDAQ OMX Helsinki (STEAV, STERV) and Stockholm (STE A, STE R). In addition, the shares are traded in the USA as ADRs (SEOAY) in the International OTCQX over-the-counter market.

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