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AssiDoman: Formation of Billerud Finalized.


Business Editors

STOCKHOLM, Sweden--(BUSINESS WIRE)--Feb. 22, 2001

The formation of Billerud AB has been legally finalized See finalization.  today.

The company is owned 50/50 by Stora Enso


Stora Enso Oyj (NYSE: SEO, ) is a Finnish–Swedish pulp and paper manufacturer, formed by the merger of Swedish mining and forestry products company Stora and Finnish forestry products company Enso-Gutzeit Oy in 1998.
 and AssiDoman.

The new company is the result of a merger of three paper mills: Gruvon (Stora Enso), Karlsborg and Skarblacka (AssiDoman). The European Commission European Commission, branch of the governing body of the European Union (EU) invested with executive and some legislative powers. Located in Brussels, Belgium, it was founded in 1967 when the three treaty organizations comprising what was then the European Community  approved the deal at the end of December.

Helsinki and Stockholm 22 February 2001

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Publication:Business Wire
Geographic Code:4EUSW
Date:Feb 22, 2001
Words:108
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