Stora Enso's search for new partners and new businesses for the site of the former Tolkkinen sawmill in Porvoo has progressed according to plan, and the first letters of intent for the Augustinranta business park have been signed. Stora Enso is selling the site of the former sawmill buildings and the so-called marina area to the north to an enterprise established by Stefan Svanljung and Jukka Jaatinen, and the deepwater harbour area to Prima Shipping Oy of Porvoo. In addition, negotiations concerning biofuel operations, a national oil spill prevention centre, and companies providing security and maintenance services are in progress. The letters of intent signed and under negotiation total nearly EUR 7 million. Stora Enso will not disclose the value of individual deals.
“The sales process has gone very well and already meets our expectations. When one door closed at the end of 2009, many new doors certainly opened,” says delighted Stora Enso Real Estate Director Matti Karjula, who has been handling the sales.
Stora Enso's aim of creating 50 new jobs at the site will be achieved through the corporate arrangements now made, but the number of new jobs is expected to be as much as double this. The enterprise established by Stefan Svanljung and Jukka Jaatinen will create employment for about 20 people. Prima Shipping will
create employment for about 20 people initially and as many as about 45 people within three years. According to preliminary estimates, the operations planned for the sawmill site will employ about 20 people in total.
News within the industry of pulp and paper, Aug, 31 2025
