Longtime Industry Executives Steve Ziessler and Bob Snyder Join Board of Managers

Soundview Paper Company announced today that company President Karl Meyers has been appointed Chief Executive Officer and Senior Vice President President of Strategy Rob Baron has been named the company’s new President. In addition, longtime tissue and paper industry executives Steve Ziessler and Bob Snyder have joined Soundview’s Board of Managers.

“I am very pleased to take on this new role and continue to partner with Rob Baron and our entire team to move Soundview forward”

“I am very pleased to take on this new role and continue to partner with Rob Baron and our entire team to move Soundview forward,” said Meyers. “Rob is a uniquely talented strategist and leader, and the addition of Steve and Bob to our already strong Board of Managers provides us with decades of combined industry expertise to draw upon as we chart our course for the future.”

“Soundview is a special place,” said Baron. “We have a world-class production facility in the largest consumer market in the United States, and innovative, customer-driven strategies necessary to compete and win in today’s competitive environment. We have a skilled and dedicated team that manufactures superior products for our customers, and we’re poised to deliver sustained growth. I am grateful for the opportunity to serve as the company’s new President at this exciting time.”

“Each of the individuals we’ve appointed today will play a key role in building an even stronger and more successful Soundview Paper Company,” said Tim Fazio, Chairman of the Soundview Board of Managers and Co-Founder and Managing Partner of Atlas Holdings LLC. “We have an outstanding workforce that is focusing on our core strengths as a company.”

Meyers became Soundview’s President last September after serving as Chief Operating Officer of the company’s Away-From-Home Division. Prior to joining Soundview, he served as a senior executive for Georgia Pacific Corporation from 1997 to 2009. Meyers has played a central role in positioning Soundview at the forefront of the industry regarding associate safety, increasing production and quality, lowering costs and driving innovative product development.

Baron has been a senior executive within the Atlas Holdings family of companies for four years. He joined Soundview in 2014 as Senior Vice President of Strategy after having served as Vice President of Finance and Chief Financial Officer of Finch Paper, an Atlas-owned business in Glens Falls, New York, from 2012 to 2014. Prior to that, he held several leadership positions within Furniture Brands International, including Vice President and Chief Financial Officer of Thomasville Furniture Industries, Vice President / Financial Planning & Analysis and the Vice President Finance for both Lane and Broyhill Furniture.

Together, Bob Snyder and Steve Ziessler bring over five decades of combined tissue and paper industry leadership to Soundview’s Board. Snyder served as Chief Executive Officer and President of Orchids Paper Products (AMEX: TIS) from 2007 to 2014, as well as serving on its Board of Directors. From 2002 to 2005, he worked for Kruger, Inc., where he served as Vice President and General Manager of Corner Brook Pulp and Paper Limited, an operation that was comprised of a newsprint mill, timberlands, and power generation facility. Snyder also served in senior roles for KTG USA, a premium grade tissue mill, as well as Great Northern Paper, Inc., Alliance Forest Products U.S. Corporation, Bear Island Paper Co., and Bear Island Timber Co.

Ziessler has spent the majority of his career in leadership positions in the tissue industry. He most recently served as President and Chief Executive Officer of Guardian Building Products from July 2011 to April 2015. Prior to that, he served for six years as President, Chief Operating Officer and Director of Cellu Tissue / Clearwater Paper Corporation. He has also held a number of senior positions with Kimberly-Clark Corporation, including President of Kimberly-Clark Professional in Europe and Vice President of Kimberly-Clark North America.

About Soundview Paper

Soundview Paper Company is a world-class manufacturer of recycled and virgin fiber towel and tissue products for the At-Home, Home and Office and Away-From-Home markets in North America. In the At-Home market, Soundview produces Marcal®-branded products synonymous with quality, value, and environmental stewardship and private label products for well-known grocery and retail clients. A customer-focused approach to the market enables Soundview to focus on the continuous improvement of our products, processes, and services to meet the specific needs of customers. Strategically located in Elmwood Park, New Jersey — just 15 miles northwest of New York City — Soundview’s flagship operations encompass more than one million square feet of manufacturing and storage facilities on a 30-acre site. Elmwood Park operations include a manufacturing facility with fully integrated de-inking, towel, tissue, napkin, and facial production and converting capabilities, as well as separate storage facilities for housing finished goods and parent rolls. The company also operates a facility in Putney, Vermont, which allows Soundview to offer a broader range of commercial towel manufacturing capability into its finished paper products offering of tissue, towel, and napkin products to retailers, distributors, and other customers.

About Atlas Holdings

Founded in 2002, Atlas Holdings LLC is headquartered in Greenwich, Connecticut. Atlas and its affiliates own 17 companies that employ more than 15,000 associates and operate from more than 110 facilities across the globe — generating more than $4.0 billion in revenue annually. Atlas companies are engaged in a variety of industries including aluminum processing, automotive, building materials, capital equipment, construction, energy, industrial services, packaging, paper, power generation, steel, and supply chain management. For more information, visit www.atlasholdingsllc.com.

Södra's nursery in Flåboda has now completed the transition to fossil-free operation. In 2016, efforts will continue to convert all sapling production at Södra Skogsplantor to eliminate the use of fossil fuels at this stage of operations. "This is a major step forward in our environmental efforts to reduce CO?emissions and make us less dependent on fossil fuels," says Johan Jonsson, Head of Södra Skogsplantor.

The process to changeover Södra's nursery in Flåboda to fossil-free operation commenced three years ago. The goal has now been achieved, with boilers fuelled with vegetable oils, greenhouses heated by four pellet boilers, green electricity generated by Södra's pulp mills and vehicles that run on hydrotreated vegetable oil (HVO).

"We evaluated several products and chose HVO for our vehicles, since it generates maximum climate benefits and works well with our existing fleet of diesel vehicles. For Södra, this initiative means that our environmental profile remains firm," says Henrik Brodin, who is responsible for the Group's energy purchasing.

HVO is a synthetic diesel produced by hydrogenating plant and animal fats, mainly sourced from abattoir trimmings and rapeseed oil. The pellets used come from Södra Wood's nearby sawmill in Långasjö.

In 2016, Södra's nursery in Falkenberg will also complete the changeover to fossil-free operation.

For further questions, please Contact:
Johan Jonsson, Head of Södra Skogsplantor
Tel: +46 (0)470-893 34

Henrik Brodin, Strategic Purchaser Transport and Raw Material
Tel: +46 (0)470-856 24

With the "900" series, Hoffman & Lamson launchesa significantlyimproved, multistage centrifugal blower to the market. Design optimizations result in an increase in efficiency of upto 8 %.

The new "900" series wasdeveloped for optimum performance withdirectly coupled motors. Optimizations in the housing and theimpellers result in an increase in efficiency of up to 8 %,and thereforesignificant energy savings. Compared to other models, it is possibleto operate the blower without a gearbox, which considerably reduces the noise emissions of a system.

The maximum compression pressure is 1.5 bar g. The "900" series is offered in 3 sizeswith which a volume flow rate between 8,000 and 67,000 m³/h can be achieved. A large numberof design optionsare possible here: Special coatings, alternative materials, oil and grease lubrication, special gaskets, coupling options and different drives. The multistagecentrifugal blowerdefined in this way is then manufacturedfor the individual application and according to the specified requirements.

The brands Hoffman®andLamson®stand for the world's leading manufacturer of multistagecentrifugal blowers. The blowers from Hoffman & Lamson are the ideal solution whenprocesses require a uniform pressure, pulsation-free flow and oil- free operation. This property is extremelyimportant for manyprocesses in a broad range of industries, e.g. for the ventilation, extraction,conveying of gases and fine dust or in drying processes.

About the company:

The NashDivision is part ofthe „EnergyGroup“ of Gardner Denver,Inc. Originating from nash_elmo Industries,the company is the world's leading manufacturer of liquid ringvacuum pumps, compressors and engineered systems. The brand ofNASH has over 100 years of experiencein manufacturing of liquid ring vacuumpumps andcompressors, the HOFFMAN & LAMSON brand is a manufacturer of multistagecentrifugal blowers. All three brands have a strong focus on Engineered Vacuum and Compressor Systems. Furthermore, the brand of Oberdorfer Pumps is part of the NashDivision. All brands have awide product portfolio and customers allover the world. Our Vacuum and compressorsystems have reliably operated fordecades in the oil & gas industry, chemical process industry, filter applications, pulp & paperproduction, electric power plants, refineries, wastewater treatment, generalprocess industries and many more applications. Professionalservice is available to keeppumps and systems running efficiently for decades.

KapStone Paper and Packaging Corporation (NYSE: KS) has announced that it has completed the purchase of Victory Packaging/Golden State Container ("Victory").  Victory, headquartered in Houston, TX, is a large, national distributor of all types of packaging specializing in providing unique solutions.  Victory employs about 1,500 people.

"Today we are welcoming Victory's team as the newest members of KapStone," stated Roger W. Stone, Chairman and Chief Executive Officer.  "The Victory team has grown both revenues and adjusted EBITDA at an impressive 14 percent compounded annual growth over the past four years. Excluding significant new customer wins, the compounded annual growth rate for revenue and adjusted EBITDA has been consistently between five to seven percent. Victory will enhance KapStone's growth, profitability, cash flows, and returns to our shareholders."

Funding for the acquisition came from borrowings under the $1.915 billion amended and restated senior secured credit facility led by Bank of America, Barclays Bank, and Well Fargo Bank.  The amended facility now consists of Term Loan A-1 of $940 million maturing over five years, Term Loan A-2 of $475 million maturing over seven years with one percent amortization in each of the first six years with the remaining principal due at the end of year seven, and a $500 million revolving credit facility.   The initial blended interest rate will be 1.9 percent as determined from the LIBOR-based pricing grid, and the rate is subject to change over the life of the loans as LIBOR rates and KapStone's debt to EBITDA ratio change.

About the Company  

Headquartered in Northbrook, IL, KapStone Paper and Packaging Corporation is a leading North American producer of containerboard, unbleached kraft paper and corrugated products, and a provider of packaging and logistics solutions.  The Company operates four paper mills, 22 converting plants, and more than 65 warehouses and distribution centers located in North America. The business employs approximately 6,000 people. 

SOURCE KapStone Paper and Packaging Corporation

Andrea K. Tarbox, Vice President and Chief Financial Officer, 847.239.8812

Resolute Forest Products Inc. has announced a major decision to build a state-of-the-art facility to manufacture at-home, premium private label tissue paper, including bath and towel.

"This is an important step forward for Resolute as we execute on our growth strategy in a way that maximizes our ability to capture synergies and deliver superior value," said Richard Garneau, president and chief executive officer. "We have been studying this option to diversify into the tissue business for quite some time, and we will continue to look at opportunities to expand our presence in this growing market. Once fully operational, Resolute will produce high-quality products at one of the most competitive and efficient tissue operations. We will work to be a preferred supplier of major private label retailers by being the best at meeting their needs in customer service and the quality promise of their store brands."

Resolute's tissue paper machine and converting operations will be built at the Calhoun mill in Tennessee. This $270 million project represents the largest investment made by Resolute since 2010. At full capacity, the new tissue and converting facilities will produce approximately 60,000 metric tons per year of at-home, premium bath tissue and towel, focused on the growing private label market. With market feasibility studies, technology selection and project engineering nearly complete, construction is expected to begin shortly, with ramp-up expected to start in the first quarter of 2017. The tissue machine will use excess slush pulp over and above the additional dried market pulp capacity associated with the previously announced continuous pulp digester project.

Unlike many other paper products, tissue demand has grown steadily for the past 20 years, and it is expected to continue growing in the future. Today, the at-home segment accounts for the majority of all tissue sold in North America. Over the next ten years, most of the sector's growth is expected to be in the premium quality tier, Resolute's target market.

The decision to enter the tissue market and to build at its existing Calhoun site further capitalizes on Resolute's unique ability to capture synergies by:

• integrating Resolute's high-quality, low-cost, excess slush pulp for 100% of the tissue machine's fiber requirement;
• utilizing the full capacity of the tissue machine in a state-of-the-art converting operation;
• taking advantage of capital expenditure and fixed cost efficiencies by extending existing infrastructure;
• having access to an attractive and cost-competitive fiber basket; and
• being ideally located to serve Eastern U.S. markets.

The Calhoun mill also benefits from a strong working relationship with local labor unions. This investment will create 105 new jobs at the mill, in addition to the 50 positions associated with the continuous pulp digester.

This investment has also received support under existing business development programs offered by the state of Tennessee, the Tennessee Valley Authority (TVA) and the mill's home community in McMinn County.

The tissue project is in line with Resolute's disciplined and financially attractive capacity-building investments in markets with future growth opportunities, such as: the 2012 acquisition of Fibrek Inc., which added 60% to the company's market pulp capacity; the Calhoun digester project, which will increase market pulp capacity by another 100,000 metric tons per year as of the end of this year; and the sawmill capacity initiatives, including the complete refurbishment of the Ignace, Ontario, sawmill and the construction of a new sawmill in Atikokan, Ontario, which together are expected to add 275 million board feet to the company's annualized lumber capacity.

"We want to thank Resolute for expanding in Tennessee and for the new jobs they're creating in Calhoun and McMinn County," said Governor Bill Haslam. "We think it says a lot when companies like Resolute, who can choose to do business anywhere in the world, continue expanding here, and today's announcement is another step toward our goal of becoming the No. 1 location in the Southeast for high quality jobs."

"Resolute and the jobs they provide make a major impact in Calhoun and McMinn County," stated Randy Boyd, Tennessee Department of Economic and Community Development Commissioner. "They've been a cornerstone of this community since 1954 and this investment is a big vote of confidence in the quality of our state's workforce. We're focused on giving Tennesseans access to quality education so companies like Resolute have a pipeline of talented workers to ensure success for decades to come."

"TVA congratulates Resolute Forest Products on its recent announcement of expansion plans involving major investment and adding more than 100 new jobs in the Calhoun community," said TVA Senior Vice President of Economic Development John Bradley. "We, along with the state of Tennessee and community economic development partners, celebrate Resolute's continuing business success and longstanding commitment to grow in the Tennessee Valley."

"We want to thank Resolute for their continued faith in the McMinn County workforce, made evident by this $270 million investment. We understand they had other options, but they chose us and for that we are humbled and truly grateful," added John Gentry, McMinn County Mayor. "Resolute continues to diversify and pivot with the changing market demands. We are indeed both fortunate and proud they will continue to call McMinn County home for many years to come."

About Resolute Forest Products
Resolute Forest Products is a global leader in the forest products industry with a diverse range of products, including newsprint, specialty papers, market pulp and wood products. The company owns or operates some 40 pulp and paper mills and wood products facilities in the United States, Canada and South Korea, and power generation assets in Canada. Marketing its products in close to 80 countries, Resolute has third-party certified 100% of its managed woodlands to at least one of three internationally recognized sustainable forest management standards. The shares of Resolute Forest Products trade under the stock symbol RFP on both the New York Stock Exchange and the Toronto Stock Exchange.

Resolute and other member companies of the Forest Products Association of Canada, as well as a number of environmental organizations, are partners in the Canadian Boreal Forest Agreement. The group works to identify solutions to conservation issues that meet the goal of balancing equally the three pillars of sustainability linked to human activities: environmental, social and economic.

Resolute is proud to be ranked by Corporate Knights as one of Canada's Best 50 Corporate Citizens for 2014. In addition, the company and Richard Garneau, president and chief executive officer, have been named to Canada's Clean50. And in January 2015, Resolute was awarded The New Economy magazine's global Clean Tech Award for best forestry and paper solutions.

SOURCE Resolute Forest Products Inc.

For further information: Investors: Rémi G. Lalonde, Vice President and Treasurer, 514 394-2345, This email address is being protected from spambots. You need JavaScript enabled to view it.; Media and Others: Seth Kursman, Vice President, Corporate Communications,Sustainability and Government Affairs, 514 394-2398, This email address is being protected from spambots. You need JavaScript enabled to view it.

Resolute Forest Products Inc. has announced that its board of directors has authorized a $50 million increase to the company's existing share repurchase program. 

"Today's announcement gives us another tool to continue to enhance shareholder value," said Richard Garneau, president and chief executive officer. "Share repurchases will complement our ongoing value-creating initiatives to build capacity in markets with future growth opportunities – such as the two new sawmills and the continuous pulp digester project – and upcoming initiatives as we continue to execute on our growth strategy." 

The company is authorized to repurchase additional shares of its outstanding common stock for an aggregate purchase price of up to $83 million under the program, as amended. The program will be funded with cash on hand. 

The company is authorized to repurchase on the open market or in privately negotiated transactions in the U.S. The timing and amount of repurchases will depend on a number of factors, including market conditions as well as corporate and regulatory considerations. The program has no set expiration date and can be suspended, modified or discontinued at any time. The program imposes no obligation to repurchase any amount of common stock. The company intends to make all repurchases in compliance with applicable regulatory guidelines and to administer the plan in accordance with applicable laws, including Rule 10b-18 of the Securities Exchange Act of 1934.

About Resolute Forest Products
Resolute Forest Products is a global leader in the forest products industry with a diverse range of products, including newsprint, specialty papers, market pulp and wood products. The company owns or operates some 40 pulp and paper mills and wood products facilities in the United States, Canada and South Korea, and power generation assets in Canada. Marketing its products in close to 80 countries, Resolute has third-party certified 100% of its managed woodlands to at least one of three internationally recognized sustainable forest management standards. The shares of Resolute Forest Products trade under the stock symbol RFP on both the New York Stock Exchange and the Toronto Stock Exchange.

Resolute and other member companies of the Forest Products Association of Canada, as well as a number of environmental organizations, are partners in the Canadian Boreal Forest Agreement. The group works to identify solutions to conservation issues that meet the goal of balancing equally the three pillars of sustainability linked to human activities: environmental, social and economic.

Resolute is proud to be ranked by Corporate Knights as one of Canada's Best 50 Corporate Citizens for 2014. In addition, the company and Richard Garneau, president and chief executive officer, have been named to Canada's Clean50. And in January 2015, Resolute was awarded The New Economy magazine's global Clean Tech Award for best forestry and paper solutions.

SOURCE Resolute Forest Products Inc.

For further information: Investors: Rémi G. Lalonde, Vice President & Treasurer, 514 394-2345, This email address is being protected from spambots. You need JavaScript enabled to view it.; Media and Others: Seth Kursman, Vice President, Corporate Communications, Sustainability and Government Affairs, 514 394-2398, This email address is being protected from spambots. You need JavaScript enabled to view it.

Borregaard and Rayonier Advanced Materials (RYAM) have entered into a non-binding letter of intent regarding the establishment of a new lignin operation adjacent to RYAM’s Fernandina Beach pulp mill in Florida. The new company will be owned 55% by Borregaard and 45% by RYAM.

The Fernandina Beach mill manufactures specialty cellulose and lignin raw material as co-products from softwood. Utilising Borregaard’s know-how and technical expertise, the new company will initially manufacture lignin products suitable for concrete admixture and similar applications targeting primarily the North and South American markets.The products will be marketed through Borregaard’s international sales network and will represent a 30% increase in the lignin sales volume at full capacity.

It is anticipated that the project will be completed in two phases over 5 years. The parties estimate an aggregate USD 110 million for a capacity of 150,000 metric tonnes dry substance per year. The first phase is expected to commence commercial operations in 2017.

The new operation will benefit from the development work in the BALI project, and takes priority over a first BALI plant. Longer term, the BALI technology remains a strategic lignin raw material option for Borregaard.

Completion of the new operation is subject to board approval by both companies and conclusion of definitive agreements, as well as final engineering, refinement of capital estimates, and obtaining required permits and other approvals.

“The Fernandina Beach project represents an excellent growth opportunity for our lignin business in a global market which for some time has been supply constrained”, says Per A. Sørlie, President and CEO of Borregaard.

“Pursuing this opportunity with the leader in lignin-based chemistry significantly enhances the prospects for success while reducing operational and market-based risk,” says RYAM CEO Paul Boynton.

Borregaard operates the world's most advanced biorefinery. By using natural, sustainable raw materials, Borregaard produces advanced and environmentally friendly biochemicals, biomaterials and bioethanol that replace oil-based products. The Borregaard Group has 1080 employees in 16 countries and a turnover in 2014 of approx. NOK 4 billion (USD 500 million) to close to 100 countries worldwide. The lignin business constitutes close to 50% of the Group’s turnover with plants in 7 countries.

Rayonier Advanced Materials (RYAM) is the leading global supplier of high-purity, cellulose specialties natural polymers for the chemical industry.  The Company has more than 1200 full time employees and reported USD $958 million in revenue in 2014.  Rayonier Advanced Materials is consistently ranked among the United States' top 50 exporters and delivers products to 79 ports around the world, serving customers in 20 countries across five continents.

CorShield® VpCI 146 - Environmentally Safe and Economical Replacement for Toxic Nitrite Coated/Impregnated Papers!

Toyota has issued a mandate from their service parts group thatno VCI paper containing nitrite will be allowed due to health and handling hazards associated with nitrites that are being banned as corrosion inhibitors in most industrialized countries. Cortec®, the global leader in environmentally friendly VpCI® corrosion protection is the only company in the automotive industry to offer Nitrite free CorShield®VCI/VpCI®-146 paper that complies with various International, Federal and State regulatory requirements.

This high technology Vapor phase Corrosion Inhibiting paper, once again places Cortec® ahead of the competition on the market. Nontoxic, biodegradable CorShield® VpCI®-146 is the premium corrosion inhibiting paper in the industry based on patented (VpCI®) technology that has revolutionized the way metals are protected in an enclosed package. The paper provides superior corrosion protection for both ferrous and non- ferrous metals. Additionally VpCI® 146 is very economical and eliminates the need for a variety of papers for all different types of metals and alloys. FDA approved CorShield® VpCI®146 is fully recyclable/repulpable and can be recycled into other types of paper products such as boxes, cardboard, and other corrugated materials. The paper does not contain any nitrites, phosphates, silicones, chromates, or other heavy metals. 

CorShield® VpCI®-146 is made from the highest quality neutral natural kraft paper without the use of chlorine or other chemical bleaching. This eliminates package contamination found with other VCI/VPI papers. No calculating of chemical concentrations or maintaining the application system is needed, the product just needs to be wrapped in the paper.

VpCI® 146 was used for preservation of Indian Navy’s Naval Aircraft Engine. After inserting Cortec’s VpCI®132 Foam Pads, the entire engine was wrapped with VpCI®146 paper and sealed. By switching to Cortec’s method, the navy saved 60 - 70% on current costs and gained a non-hazardous, environmentally friendly solution for long term storage.

The unique inhibiting action forms a very thin and effective protective layer that does not alter the appearance of products or require removal before further finishing or use. Parts protected with VpCI®146 can be painted, welded, and soldered. The paper's protective layer does not influence physical properties of most sensitive electrical components, including conductivity and resistance.

VpCI®146 paper can be used to protect products for storage and shipment in a wide variety of ways: single item packaging or interleaving, end closures for shipping tubes, insert strips for recessed areas in large packages, and as sheet liners or separators between products. It protects dry or oiled metals and is very effective against aggressive environments including humidity, SO2, H2S, and galvanic corrosion from dissimilar metals.

CorShield® VpCI®-146 is approved for direct contact with food according to Department of Health for Zagreb, Croatia, which is accredited according to European Standard HRN EN ISO/IEC 17025:2004. It conforms to military specifications MIL-PRF-3420, it is tested per FED-STD-101 and is RoHS compliant.

All Stora Enso's five divisions will have financial targets set in order to support the Group in attaining its strategic goal.

Stora Enso has defined clear strategic targets for each division. The targets will enable the markets to better follow each division’s performance, while guiding the divisions in the implementation of the Group’s strategy – as it transforms itself from a traditional paper and board producer to a customer focused renewable materials company. As Stora Enso’s divisions operate in very distinct business environments, the targets will vary between the divisions.

The key divisional financial target is the Return on Operating Capital (ROOC) percentage – with the exception of the Paper division, which has Free Cash Flow to Net Sales, because its target focuses on the division’s cash flow generation. The targets are defined to be ambitious but reachable within a 5 year planning horizon.

STORA ENSO’S FINANCIAL TARGETS

ROCE = Return on Capital Employed
ROOC = Return on Operating Capital

For further information, please contact:
Seppo Parvi, CFO, tel. +358 2046 21205
Ulla Paajanen-Sainio, SVP, Investor Relations, tel. +358 40 763 8767
Ulrika Lilja, EVP, Global Communications, tel. +46 72 221 92 28
Hanne Karrinaho, Head of Financial Communications, tel. +358 40 766 9452

www.storaenso.com
www.storaenso.com/investor

Stora Enso is a leading global provider of renewable solutions in packaging, biomaterials, wood and paper. Our aim is to replace non-renewable materials by innovating and developing new products and services based on wood and other renewable materials. We employ some 27 000 people in more than 35 countries, and our sales in 2014 were EUR 10.2 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) on the International OTCQX over-the-counter market.