Stora Enso is initiating a strategic review of its Central
European sawmills and building solutions operations, which
includes the possibility of divesting those parts of the
business.
The review, to be carried out in 2026, will cover one business
unit of Wood Products business area, including seven sawmills in
Austria, Czechia, Poland, and Lithuania, and further processing
units with three cross-laminated-timber (CLT) mills, as well as
wood procurement, and international sales and distribution
operations.
“Whilst the business in scope has a strong position in an
attractive market, it does not bring strategic or operational
synergies for Stora Enso’s core renewable packaging operations,”
the company said.
In the strategic review, different scenarios will be assessed
for the business and assets in scope, including the possibility
to divest the business, to strengthen Stora Enso’s strategic
focus on renewable materials and packaging.
The synergetic sawmills in Northern Europe, including further
processing operations, in Sweden, Finland, Estonia and Latvia
are not part of the assessment, and this part of the business
remains strategically important to Stora Enso going forward.
Stora Enso is the largest sawn wood producer in Europe and a
world leader in providing sustainable wood-based building
solutions, including the advanced CLT elements, for the global
construction industry.
The seven sawmills under the review have a production capacity
of about 3 million m³ and offer an extensive range of sawn
products and mass timber components. This entity represents
approximately 50% of the Wood Products segment’s sales.
In recent years, Stora Enso has developed industry leading
building solutions, providing innovative concepts, services and
a comprehensive portfolio of products to support low-carbon
construction.
Stora Enso plans to provide an update on this strategic review
in 2026. In the meantime, operations will continue as usual,
with an ongoing commitment to delivering high-quality,
competitive products and services to customers.
All possible changes are subject to co-determination
negotiations and other potential legal procedures in all
impacted countries.
Source:
storaenso.com
