Mondi vs Stora Enso

In the world of paper and packaging, two companies stand out as leaders: Mondi and Stora Enso. Each has a rich history, an extensive product line, and a significant global reach. In this article, we will compare Mondi and Stora Enso across different dimensions, from their history and background to their financial performance, product lines, and sustainability initiatives. We will also analyze the impact of COVID-19 on both companies, examine their marketing and corporate social responsibility efforts, and evaluate their future outlook. Finally, we will conduct a SWOT analysis of Mondi and Stora Enso, highlighting their strengths, weaknesses, opportunities, and threats.

Comparing the history and background of Mondi and Stora Enso

Mondi and Stora Enso have different origins and trajectories, but both have grown into multinational corporations with a long and rich heritage.

Mondi was founded in South Africa in 1967 as a paper manufacturer, and later expanded into packaging. The name Mondi comes from the acronym of “Mining, Oil and Gas, and Distribution Industries,” which reflect the company’s original scope of operation. Mondi went public in 2007, and since then has made several acquisitions to strengthen its position in Europe and beyond. Today, Mondi has operations in more than 30 countries and employs over 26,000 people. Its revenue in 2020 was 6.66 billion euros.

Stora Enso, on the other hand, has a longer history dating back to the 13th century in Sweden. The company started as a copper mining operation but later diversified into forestry and paper production. The name Stora Enso means “great copper forges,” referring to the company’s roots. Stora Enso went through several mergers and acquisitions over the centuries, and in 1998, merged with the Finnish company Enso to form Stora Enso. Today, Stora Enso has operations in over 30 countries and employs over 22,000 people. Its revenue in 2020 was 8.6 billion euros.

Analyzing the financial performance of Mondi and Stora Enso

Both Mondi and Stora Enso are large and stable companies with significant revenue and profit margins. However, their financial performance differs in some respects.

In 2020, Stora Enso had a higher revenue than Mondi, but lower net profit. Stora Enso’s revenue was 8.6 billion euros, while its net profit was 121 million euros. Mondi’s revenue was 6.66 billion euros, while its net profit was 506 million euros. This suggests that Mondi is more efficient in generating profits from its revenue.

One possible reason for this difference is that Mondi has a more diversified product line, with a higher share of its revenue coming from specialty packaging and paper. In contrast, Stora Enso has a larger share of its revenue coming from pulp and energy, which have lower profit margins than specialty products.

A breakdown of the product lines offered by both companies

Mondi and Stora Enso offer a wide range of products to various industries and customers. Here is a breakdown of their main product lines:

  • Mondi: packaging and paper for consumer goods, industrial applications, and e-commerce; speciality kraft paper, release liner, and barrier coatings; industrial bags and hygiene components.
  • Stora Enso: containerboard and corrugated packaging; biomaterials, such as wood-based fibers and chemicals; pulp and energy; wood products, such as building components and sawn timber.

The two companies have some overlap in their product lines, especially in packaging and paper. However, Mondi has a more specialized focus on industrial and specialty applications, while Stora Enso has a broader portfolio that includes biomaterials and wood products.

The global reach of Mondi and Stora Enso’s operations

Mondi and Stora Enso are both highly globalized companies with operations in many parts of the world.

Mondi has a significant presence in Europe, where it is headquartered, but also in emerging markets such as Russia, South Africa, and Asia. In 2020, Europe accounted for 63% of Mondi’s revenue, while emerging markets accounted for 20%. The remaining 17% came from North America.

Stora Enso is also headquartered in Europe, Finland specifically, and has a strong presence in the Nordics. In 2020, Europe accounted for 65% of Stora Enso’s revenue, while Asia accounted for 25%, and North America accounted for 7%. Stora Enso has recently been expanding in China and Southeast Asia, where demand for sustainable packaging and biomaterials is high.

Examining the sustainability initiatives undertaken by Mondi and Stora Enso

Sustainability is a key concern for both Mondi and Stora Enso, as they operate in industries that consume natural resources and generate waste. Both companies have set ambitious targets to reduce their environmental impact and promote sustainable development.

Mondi has a goal to be “sustainable by design,” which means that all its products should be made from renewable or recyclable materials and be designed to minimize waste and emissions. Mondi has already reached 85% of its 2030 target to reduce CO2 emissions by 30% compared to 2014. It has also developed several sustainable product lines, such as BarrierPack Recyclable, which is a high-performance plastic-free packaging solution.

Stora Enso has a similar vision of being a “renewable materials company.” It has set a target to become carbon neutral by 2035, by reducing its greenhouse gas emissions and using renewable energy sources. Stora Enso has also launched several innovative products, such as DuraSense, which is a biocomposite material that replaces plastic in various applications, and Lineo, which is a lignin-based resin used in adhesives and coatings.

The impact of COVID-19 on the paper and packaging industry, including Mondi and Stora Enso

The COVID-19 pandemic has disrupted many industries, including the paper and packaging industry, as it has affected both supply and demand.

On the supply side, the pandemic has caused some interruptions in the production and transportation of raw materials, as well as some closures of factories and mills. This has led to higher prices and longer lead times for some products.

On the demand side, the pandemic has altered consumer behavior and preferences, as more people shop online and avoid physical stores. This has increased the demand for e-commerce packaging and reduced the demand for some retail packaging, such as luxury products.

Both Mondi and Stora Enso have been affected by these changes, but have also adapted to them by developing new solutions and services. For instance, Mondi has launched a range of packaging solutions for e-commerce, such as eShopMailer, which protects goods during shipping while minimizing waste. Stora Enso has also emphasized its commitment to sustainability and circular economy, which resonate with consumers’ growing awareness of environmental issues.

The competitive landscape in the paper and packaging industry, with a focus on Mondi and Stora Enso

Mondi and Stora Enso operate in a highly competitive industry, with many players vying for market share and innovation.

Some of the key competitors of Mondi and Stora Enso include Smurfit Kappa, International Paper, and WestRock, which are also large and diversified companies. These competitors have strengths in different segments and regions, but also face similar challenges of sustainability, digitalization, and innovation.

Mondi and Stora Enso differentiate themselves from their competitors through their focus on specialty and sustainable products, their international reach, and their long heritage. They also have different cultures and strategies, with Mondi being more acquisitive and growth-focused, and Stora Enso being more cautious and value-focused.

Investigating the marketing strategies employed by Mondi and Stora Enso to promote their products

Mondi and Stora Enso use various marketing channels and tactics to reach their customers, which include businesses, retailers, and consumers.

Mondi has a strong online presence, with a user-friendly website that showcases its products and solutions. It also uses social media, trade shows, and webinars to engage with customers and promote its sustainability initiatives. Mondi has a value proposition of being a “world-class innovator in packaging and paper,” which emphasizes its expertise and customer-centric approach.

Stora Enso also has a comprehensive website that highlights its products and innovations. It uses social media, events, and case studies to demonstrate its value to customers and stakeholders. Stora Enso has a value proposition of being a “leading provider of renewable solutions,” which underscores its commitment to sustainability and biomaterials.

Comparing the corporate social responsibility efforts of Mondi and Stora Enso

Corporate social responsibility (CSR) is an important aspect of both Mondi and Stora Enso’s operations, as they seek to balance their financial performance with their impact on society and the environment.

Mondi has a CSR strategy that focuses on three pillars: sustainable packaging, responsible fiber sourcing, and people and communities. Mondi aims to use 100% recycled or responsibly sourced fibers by 2030, and has implemented several programs to support communities where it operates. Mondi has also been recognized for its CSR efforts by various organizations, such as CDP, Dow Jones Sustainability Index, and FTSE4Good.

Stora Enso’s CSR strategy is based on three areas: responsible sourcing, climate action, and circular economy. Stora Enso aims to ensure that all its raw materials come from sustainable sources, and has launched several programs to reduce waste and increase recycling. Stora Enso has also been recognized for its CSR efforts by various organizations, such as EcoVadis, Ethibel, and the UN Global Compact.

The future outlook for both companies in an increasingly digital world

Mondi and Stora Enso are facing several challenges and opportunities in an increasingly digital and sustainable world.

On the one hand, digitalization offers many possibilities for efficiency, innovation, and customer engagement. Mondi and Stora Enso can leverage technology to optimize their supply chains, develop new products, and interact with customers in real-time. They can also use data analytics and artificial intelligence to improve their operations and reduce their environmental impact.

On the other hand, digitalization can also disrupt traditional business models and require new skills and mindsets. Mondi and Stora Enso need to adapt to changing customer demands, emerging technologies, and evolving regulations. They also need to invest in the training and development of their workforce, to prepare them for the digital age.

The future outlook for both companies is positive, as they have strong foundations, innovative products, and ambitious goals. However, they need to remain vigilant and agile, to navigate the uncertainties of the post-pandemic world.

A SWOT analysis of Mondi and Stora Enso, highlighting their strengths, weaknesses, opportunities, and threats

Finally, let us conduct a SWOT analysis of Mondi and Stora Enso, to summarize their internal and external factors and evaluate their strategic position.


  • Strong brand recognition and heritage.
  • Wide range of products and services.
  • Diversified geographic and customer base.
  • Focused on sustainability and innovation.


  • Dependence on natural resources and commodity prices.
  • Reliance on traditional paper and packaging market.
  • Challenges in digitalization and automation.


  • Growth in e-commerce and sustainable packaging.
  • Expansion in emerging markets.
  • Development of new biomaterials and circular solutions.
  • Acquisition of complementary businesses and technologies.


  • Competition from large and agile rivals.
  • Regulatory pressures on the use of natural resources and waste reduction.
  • Volatility in commodity and energy prices.
  • Disruption from digital and technological changes.

In conclusion, Mondi and Stora Enso are two leading companies in the paper and packaging industry, with different strengths and approaches. They share a commitment to sustainability and innovation, but face challenges and uncertainties in a rapidly changing world. By leveraging their strengths, addressing their weaknesses, seizing opportunities, and mitigating threats, Mondi and Stora Enso can continue to grow and contribute to a more sustainable and digital future.

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