Seasoned financial executive appointed to continue the company’s aggressive, profitable growth
Stora Enso Oyj was informed on 18 July 2008 that the shares in the Company held by Tradewinds Global Investors, LLC has risen above 5% of the paid-up share capital on 16 July 2008.
Portfolio Becomes Publicis Modem Korea
GMG, supplier of high-end color management and proofing solutions, today announced that the company had once again succeeded in achieving significant sales growth in the first half of 2008.
Company Increases Lower End of 2008 Earnings Outlook Range
– Revenue of $1.14 billion, in line with expectations – Operating income growth of more than 50 percent year to year – Cash generation of $135 million – Share repurchases of $158 million
UPM’s RFID antenna manufacturing subsidiary Intune Circuits Ltd has been sold to Savcor Group Ltd. UPM’s shareholding in the company was over 60 per cent.
