Stora Enso Introduces Bergslagets Skogar as The New Name for its Swedish Forest Asset Company

Stora Enso today announces Bergslagets Skogar as the new name of its Swedish forest asset company. The announcement marks an important step in Stora Enso’s preparations to separate its Swedish forest assets into a standalone listed company, subject to relevant approvals.

Bergslagets Skogar represents Stora Enso’s Swedish forest asset entity, comprising long term, sustainably managed forest land with a history of active ownership extending back to year 1288. The name reflects both the historical footprints in the old Copper Mine in Falun and a long term approach to value creation, where planning horizons extend across generations.

“Forest land is a long-term asset class where value is generated through biological growth and sustainable forest management. Bergslagets Skogar reflects our ambition to manage our assets with a clear focus on long-term value creation and operational excellence”, says Tuomas Hallenberg, CEO of the new forest company.

As previously communicated, Stora Enso is preparing to separate its Swedish forest assets into a new publicly listed company, with completion expected in the first half of 2027. Following the separation, Bergslagets Skogar would comprise more than 1.2 million hectares of forest land in prime locations in Sweden and emerge as Europe’s largest listed pure play forest company, offering investors exposure to forest assets as a distinct asset class.

The planned separation is intended to unlock the full value of both Stora Enso’s forest assets and its renewable packaging business, enabling each company to pursue a clearly defined strategy and capital allocation framework.

Bergslagets Skogar would generate value through biological growth, operational excellence, efficient forest management, and additional revenue streams linked to sustainable land use. Long term wood supply agreements with Stora Enso are planned to provide predictable demand while maintaining flexibility for both companies.

Further information on Bergslagets Skogar and the planned separation will be presented at a Capital Markets Day for the new forest entity on 3 November 2026 in Stockholm, where the company will provide investors with an overview of Bergslagets Skogar’s strategy, value creation drivers, capital allocation framework and financial profile. The CMD will be followed by a forest field trip in Falun. A formal invitation with registration details and a complete agenda will be sent out closer to the event.

More information about Bergslagets Skogar’s new logo

In earlier centuries, timber transported from the forests was marked to indicate ownership and origin. For Bergslaget (Stora Kopparbergs Bergslags AB), that mark was the letter B, which marked the timber owned by Bergslaget and which today inspires the new logo. The design references the wooden structures historically used in the Falun Mine, where timber formed the foundation for safety, stability, and continuity – values that continue to guide forest management today.

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Previous related announcements:

6 March, 2026: Stora Enso presents executive management team for the new forest asset company
8 January, 2026: Proposed members to the Board of Directors of the new forest company planned to be separated from Stora Enso
14 November, 2025: Stora Enso completes strategic review and intends to create the largest listed pure play forest company in Europe
18 June, 2025: Stora Enso initiates a strategic review of its Swedish forest assets

Stora Enso is a global leader in renewable materials with a strong focus on packaging. Our purpose is to replace non-renewable materials with renewable solutions. Together with our customers, we design and deliver competitive, high-quality packaging materials and solutions, made from fresh and recycled fibers, accelerating the transition to a circular bioeconomy. Stora Enso has approximately 19,000 employees and our sales in 2025 were EUR 9.3 billion. www.storaenso.com.