Business News

Stora Enso reschedules possible pulp and paper mill project at Nizhny Novgorod in Russia

Friday 13. February 2009 - Stora Enso has decided to defer its final decision regarding the proposed pulp and paper mill project at Nizhny Novgorod in Russia to a later stage due to the weak global financial situation and near-term outlook for the forest products industry.

The project is not cancelled by this decision, and various actions will be taken to facilitate possible implementation of the project in the future.