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Stora Enso has transferred some 600 000 hectares of its Finnish forests to Tornator, a new company which will concentrate on silviculture. Simultaneously, approximately 130 000 hectares of forest was auctioned off in the USA. These divested forests accounted for less than 10% of the Group's annual wood procurement. Stora Enso still owns about 2 million hectares of forest, including 1.9 million hectares in Sweden, where divestment options are being investigated. This type of restructuring is in line with Stora Enso's long-term strategy to concentrate on core business areas.
Strategic Objectives – Divestments
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