5 Biggest Lumber Companies in the World

4. Stora Enso Oyj (OTC:SEOAY)

Production Volume in 2021: 5,7001,000 m³

Stora Enso Oyj (OTC:SEOAY) is an integrated, paper, packaging, and forest products company based in Helsinki, Finland. It employs nearly 22,000 personnel across all continents and generated an annual revenue of €10.2 billion in 2021. The company owns or manages land covering a total area of 2.01 million hectares, across the globe.

The Wood Products segment of Stora Enso Oyj (OTC:SEOAY) operates globally and has 16 production units in Europe with annual sawing capacity of 5.5 million cubic meters and further processing capacity of 2.5 million cubic meters.

The shares of Stora Enso Oyj (OTC:SEOAY) are traded on NASDAQ Helsinki and NASDAQ Stockholm, while its ADRs are traded in the OTC markets in U.S. The company currently has a market capitalization of $11.6 billion.