HELSINKI, Finland, July 24, 2009 (GLOBE NEWSWIRE) -- The Finnish National Board of Patents and Registration today gave its consent for Stora Enso Oyj to decrease its share premium fund by EUR 1 688 145 310,08 and its reserve fund by EUR 353 946 990,12. The funds will be decreased by transferring these respective amounts to the invested non-restricted equity fund.
The transfers were approved by Stora Enso's Annual General Meeting (AGM) on 1 April 2009.
Stora Enso is the world leader in forest industry sustainability. We offer our customers solutions based on renewable raw materials. Our products provide a climate-friendly alternative to many non-renewable materials, and have a smaller carbon footprint. Stora Enso is included in the Global 100 list of the world's most sustainable companies. Stora Enso is also listed in the Dow Jones Sustainability Index, the FTSE4Good Index, and the Climate Disclosure Leadership Index. Stora Enso employs 29 000 people worldwide, and our sales in 2008 amounted to EUR 11.0 billion.
CONTACT: Stora Enso Oyj
Ulla Paajanen-Sainio, Head of Investor Relations
+358 40 763 8767
www.storaenso.com
www.storaenso.com/investors
