updated 3/29/2011 7:46:43 AM ET 2011-03-29T11:46:43

HELSINKI, Finland, March 29, 2011 (GLOBE NEWSWIRE) -- Stora Enso has appointed Juan Carlos Bueno, 42, to head the Group's operations in Latin America and as a member of the Group Executive Team as of 1 April 2011.

Juan Carlos Bueno is a native Colombian and has worked for the global science company DuPont in various positions since 1992. For the past several years he has been the Vice President leading the DuPont Agricultural Products business in Brazil. He has some twenty years of experience from finance, sales, marketing and general business management.

"We welcome Juan Carlos Bueno to the Stora Enso team with high expectations. He will bring us a combination of solid business experience and totally new insights into Latin America. Throughout his career Juan Carlos has demonstrated strong strategic and operational capabilities in the changing economic and market conditions not only in Latin America, but also in Europe and North America," says Stora Enso CEO Jouko Karvinen.

Nils Grafstrom, 64, after a long successful career first in Stora, then Stora Enso, and for the past eight years as head of Stora Enso Latin America, will retire as previously planned in June 2011.

Photo of Juan Carlos Bueno is available at http://bmt.storaenso.com/storaensolink.jsp?imageid=juancarlosbueno
 
Please copy the link into your web browser.

For further information, please contact:
 
Jouko Karvinen, CEO, tel. +358 2046 21410

Juan Carlos Bueno, EVP, Latin America, tel. +55 1182 326 452

Lauri Peltola, Head of Communications and Global Responsibility, tel. +358 2046 21380

www.storaenso.com

www.storaenso.com/investors
 

Stora Enso is a global paper, packaging and wood products company producing newsprint and book paper, magazine paper, fine paper, consumer board, industrial packaging and wood products. The Group is the world leader in forest industry sustainability. We offer our customers solutions based on renewable raw materials. Our products provide a climate-friendly alternative to many non-renewable materials, and have a smaller carbon footprint. Stora Enso is listed in the Dow Jones Sustainability Index and the FTSE4Good Index. Stora Enso employs some 26 000 people worldwide, and our sales in 2010 amounted to EUR 10.3 billion. Stora Enso shares are listed on NASDAQ OMX Helsinki (STEAV, STERV) and Stockholm (STE A, STE R). In addition, the shares are traded in the USA as ADRs (SEOAY) in the International OTCQX over-the-counter market.
 

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