Business Editors
STOCKHOLM--(BUSINESS WIRE)--May 5, 2000
Stora Enso has today inaugurated a new Research Centre in Monchengladbach, Germany. This new site replaces the former Viersen Research Centre. The Monchengladbach Research Centre has both a regional and global role within
The centre has good contacts with many paper industry related research institutes and suppliers, and the main printing press manufacturers.
In his inauguration speech Deputy CEO Bjorn Hagglund said:
"The new R&D facilities in Monchengladbach improve the ability of Stora Enso Research to serve its local customers. They also demonstrate our commitment to being an active partner in developing the paper industry cluster in Central Europe and to maintaining Germany as an important source of R&D and technical staff in the global development of Stora Enso."
Stora Enso Oyj, one of the world's leading forest products companies, is listed on the Helsinki and Stockholm stock exchanges. Stora Enso focuses on the production of magazine papers, newsprint, fine papers and packaging board. In these product areas, the Group holds a leading global position. Stora Enso also conducts extensive sawmilling operations. Stora Enso has annual sales of approximately EUR 10.5 billion, with some 40,000 employees in more than 40 countries.
Please visit http://www.bit.se for further information The following files are available for download: http://www.bit.se/bitonline/2000/05/05/20000505BIT00810/bit0001.doc http://www.bit.se/bitonline/2000/05/05/20000505BIT00810/bit0002.pdf