Stora Enso has unveiled Bergslagets Skogar as the name for the Swedish forest entity earmarked for a standalone listing, with the new entity set to manage more than 1.2 million hectares of sustainably managed forest and emerge as Europe’s largest pure-play forest company. That is according to a press release issued by the Helsinki-headquartered Stora Enso, which confirmed the name draws on the historic central Swedish mining and forestry region of Bergslagen and on the Stora Kopparbergs Bergslags AB enterprise that anchored the Falun copper mine, with Tuomas Hallenberg continuing as CEO.
Bergslagets Skogar has a history of active ownership dating back to 1288, and the new entity will comprise sustainably managed forest land in prime locations across Sweden once the planned cross-border demerger clears the necessary approvals. “Forest land is a long-term asset class where value is generated through biological growth,” Hallenberg said in the release, with the company’s planning horizons set to extend across generations.
The naming step follows the strategic review Stora Enso completed in November 2025, when the group confirmed the demerger structure, a planned dual listing on Nasdaq Stockholm and Nasdaq Helsinki and an 18-year wood supply agreement covering roughly 9 per cent of Stora Enso’s Nordic wood and fibre requirements, as Wood Central reported. Stora Enso disclosed in November 2025 that Swedish forest assets had delivered approximately 7 per cent annual total returns over the past three decades, with the new entity targeting incremental value through biological growth, operational excellence, efficient forest management and additional revenue streams linked to sustainable land use.
With more than two decades of senior leadership across the Nordic forest sector, Hallenberg moved into the Bergslagets Skogar CEO role on 1 January after joining Stora Enso in 2024 as executive vice president of the Forest business area. Prior to Stora Enso, he served as senior vice president of property development and renewables at Metsähallitus, the Finnish national forest enterprise, having previously spent 16 years at UPM in wood sourcing and forest operations.
The Bergslagets Skogar logo draws on the historic letter B that once marked timber owned by the Stora Kopparbergs Bergslags AB enterprise, referencing the wooden structures that supported the Falun copper mine, when timber served as the foundation for safety, stability, and continuity in mining operations.
The demerger forms the centrepiece of Stora Enso president and CEO Hans Sohlström’s restructuring agenda, which has already seen the group divest 175,000 hectares of its Swedish forest holdings for EUR 900 million in May 2025 under a 15-year wood supply agreement. Stora Enso has separately launched a strategic review of seven Central European sawmills and three cross-laminated timber plants representing about half of its Wood Products division, with capital allocation now concentrating on renewable packaging and the group’s Nordic mass timber operations.
Bergslagets Skogar will host its inaugural Capital Markets Day in Stockholm on 3 November 2026, followed by a forest field trip in Falun, where Hallenberg is expected to walk investors through the company’s strategy, value-creation drivers, capital allocation framework, and financial profile ahead of the planned 2027 separation.
