tora Enso is stepping up its strategic transformation as it sharpens its focus on renewable materials and fibre-based packaging, while reshaping its portfolio to support long-term value creation.

A key milestone is the planned separation of the company’s Swedish forest assets business into a new, independently listed entity. Expected to be completed in the first half of 2027, the move aims to create two companies with distinct strategic profiles: a packaging-focused renewable materials group and Europe’s largest listed pure-play forest company.

In parallel, Stora Enso has launched a strategic review of its Central European sawmills and building solutions operations. Several scenarios are being assessed, including a potential divestment, as part of the group’s active portfolio management and tighter strategic focus.

Packaging growth remains anchored in the Oulu site in Finland, where the ramp-up of a new consumer board production line continues. While still impacting short-term profitability, production volumes are gradually increasing, with full capacity expected in 2027. The acquisition of Junnikkala Oy further strengthens the wood supply chain supporting the site.

From 2026, Stora Enso will also introduce a new reporting structure, consolidating packaging activities into Consumer Packaging and Integrated Packaging, alongside Biomaterials and Other, to reflect a more business-focused operating model.

Stora Enso Accelerates Strategic Refocus on Packaging