Stora Enso increased sales in Russia
5. Stora Enso (Finland) increased sales 16% to EUR 151.8 million in 2004 compared to 2003.
Mar 31, 2005. /Lesprom Network/. Stora Enso (Finland) increased sales 16% to EUR 151.8 million in 2004 compared to 2003.
Stora Enso produces paper, cardboard and building materials. In 2004 Stora Enso invested EUR 5 million in the construction of an enterprise to produce corrugated cardboard in Arzamas, in 2003-2004 Stora Enso allocated EUR 10 million for the construction of a sawmill in Nebolchi. Besides, Stora Enso invested 12.2 million in the acquisition of raw timber in Russia.