Stora Enso introduces Bergslagets Skogar as new name for its Swedish forest asset company

Stora Enso has announced Bergslagets Skogar as the new name of its Swedish forest asset company. The announcement marks an important step in its 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,’ explained 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.