Stora Enso plans to sell Grycksbo mill

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24 August 2005 – Helsinki (FIN): Stora Enso is investigating the feasibility of divesting its Swedish Grycksbo fine paper mill, as part of its European profit improvement programme.

 

The programme aims to see an annual pre-tax profit improvement of €300 million from mid 2007 onwards. The company is seeking a buyer who would be interested in developing the mill in the long term.