Stena Recycling Finland has agreed to sell its pallet business to Lassila & Tikanoja, pending regulatory approval. This divestment aims to streamline operations and focus on core recycling services, following the acquisition of Encore Ympäristöpalvelut in 2022.
Stena Metall launched Stena Confidential to provide secure, traceable destruction and handling of confidential information in Sweden, Norway, Denmark, Finland, and Poland. The new company aims to meet growing demand for information security and circular services while enhancing digitalization and sustainability.
The Stena Metall Group achieved a strong EBITDA of SEK 2,530 million for 2022/2023, investing in lithium-ion battery recycling facilities and sustainability initiatives. CEO Kristofer Sundsgård emphasized maintaining competitiveness through cost efficiency and strategic investments despite challenging market conditions.
Stena Metall was awarded second place in the Employer of the Year category at the Brilliant Awards. This recognition highlights the company’s commitment to employee engagement and leadership, reflecting improved results from last year and strong organizational culture.
The Stena Metall Group's quarterly report for the first quarter 2022/2023 is now published.
Stena Metall Group reported a strong financial year 2021/2022 with a profit before tax of SEK 2,470 million and net sales increasing by 54.3%. Amid global uncertainties, they focused on sustainability and innovation in recycling and circular business projects.
The Stena Metall Group's quarterly report for the fourth quarter and full year 2021/2022 is now public.
Stena Metall Group’s green bond has been recognized by Cicero as a best practice example in the global green bond market for its focus on resource management and circularity. The group aims to lead the transition to a circular economy.
As previously announced, Anders Jansson will step down from his position as President & CEO of Stena Metall AB at the end of the financial year on 1 September 2022 and will be succeeded by Kristofer Sundsgård.
Stena Recycling Finland has acquired Encore Environmental Services to expand its service offerings and enhance its market presence in Finland's recycling sector, effectively doubling its business. The acquisition supports growth in circular economy services, with no immediate changes for existing customers.
Stena Metall Group successfully issued its second “dark green” bond, raising SEK 1 billion for sustainable projects in recycling and circular economy. The bond attracted significant investor interest, underscoring the company's commitment to sustainability and strengthening its position in the Nordic bond market.
Stena Recycling commits all its companies to the Science Based Targets initiative to reduce climate impact, aiming to align with the Paris Agreement. They plan to achieve net zero by 2050, enhancing circular economy efforts across eight markets.
The Stena Metall Group's quarterly report for the second quarter 2021/2022 is now public.
Stena Metal International has received the Ecovadis Platinum Medal, awarded to the top 1% of evaluated companies for sustainability. This recognition, achieved for the second consecutive year, highlights SMI's commitment to sustainability across its operations and value chain.
HaloSep, developed by Vestforbrænding, won the Global Goals Award for its innovative process that cleans and recycles hazardous waste from incineration. The technology, now internationally marketed, promotes sustainability by transforming harmful fly ash into non-hazardous material, reducing transport and emissions.
Stena Recycling is divesting its German refrigerator recycling business to Quantum Capital Partners to focus on battery recycling operations. CEO Kristofer Sundsgård emphasizes Germany's importance for growth due to its automotive sector, planning significant battery recycling expansion in the future.
On February 17, the Brilliant Awards - Employee Experience was presented. Stena Metall was one of the finalists in this year's edition and ended up in third place in the construction and manufacturing category.
After 23 years as President and CEO of Stena Metall, Anders Jansson has decided to retire in connection with the end of the fiscal year August 31, 2022.
The Stena Metall Group's quarterly report for the first quarter 2021/2022 is now public.
The Stena Metall Group's quarterly report for the fourth quarter 2020/2021 is now public.
