15 Jul 2024 --- The European Investment Bank (EIB) extends €435 million (US$474 million) funding to Stora Enso, supporting its transition to circular and recyclable packaging solutions for the food and personal care sectors. The forestry company says it will upgrade its Oulu site in Northern Finland with a specialized focus on circular and recyclable fiber-based packaging. Stora Enso previously invested €1 billion (US$1.1 billion) in the site.