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Home » Business News
Business News
Thursday 02. April 2009

Stora Enso: Announcement with reference to Chapter 2, paragraph 10 of the Finnish Securities Markets Act

Stora Enso Oyj was informed on 1 April 2009 that the number of shares in the Company held by the funds managed by Orbis Investment Management Limited, Orbis Asset Management Limited and Orbis Portfolio Management (Europe) LLP has increased above 5% of the of the paid-up share capital and the number of shares in Stora Enso Oyj on 31 March 2009.

Thursday 02. April 2009

Stora Enso CEO Jouko Karvinen’s message to shareholders at the Company’s AGM

“Stora Enso faced high cost inflation, especially in wood and energy costs, throughout the whole of 2008. The markets were firm during the first half, but towards the end of the year they started to deteriorate rapidly. We took swift action, curtailing paper and board production by 15% already in the fourth quarter. We have since stepped up the curtailments to an estimated about 20% in the first quarter of 2009 to safeguard our operating cash flow,” said CEO Jouko Karvinen.

Thursday 02. April 2009

CeWe Color: Group profit to be fully distributed

* CeWe Color proposes a dividend payout of 1.00 euro * Attractive dividend yield of 6.6% on the actual share price * Restructuring activities completed: no longer any extra costs * Increasing profits as of 2010 will also see a rise in dividends

Thursday 02. April 2009

Stora Enso’s Annual General Meeting and decisions by the Board of Directors

Stora Enso’s Annual General Meeting (AGM) on 1 April 2009 adopted the accounts for 2008 and granted the Company’s Board of Directors and Chief Executive Officer discharge from responsibility for the period.

Thursday 02. April 2009

Sappi Limited Voting Rights and Capital

In accordance with the United Kingdom’s Financial Services Authority’s Disclosure (FSA’s) and Transparency Rules, Sappi (NYSE:SPP) advises that its issued share capital comprises 537,117,864 ordinary shares of ZAR1.00 each.

Thursday 02. April 2009

One Year of “Cloud Dwarves”

Daynursery celebreates first anniversary

Thursday 02. April 2009

Taylor Chemical Company Rebrands as Siovation

Taylor Chemical Company, a leading formulator and manufacturer of silicone-based technology, today announced a comprehensive rebranding and name change of the 29-year-old company.

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