Stora Enso has launched a new sustainable RFID tag technology called ECO™ RFID by Stora Enso, designed for item level identification in supply chain, retail and e-commerce applications. The technology enables paper-based RFID tags, providing a plastic-free and recyclable solution for authentication. And our technology and related roadmap enables scalability and applications such as unmanned store solutions like our New Retail solution with Intelligent Cabinets.
Juha Maijala has been working more than 15 years on RFID, digital connectivity and opportunities in connecting fast moving consumer goods. For the last 3 years he has been heading an internal start-up within Stora Enso Oyj, called Intelligent Packaging. This has now been turned independent unit, with clear growth and expansion activities and plans. Currently he is deputy head of Stora Enso Intelligent Packaging with special emphasis on strategy and partners.
The renewable materials company, Stora Enso develops and produces solutions based on wood and biomass for a range of industries and applications worldwide. Building on our heritage and know-how in forestry and trees, Stora Enso is committed to the development of products and technologies based on renewable materials and creating value in a sustainable bioeconomy. Our products, in many cases, provide a low-carbon alternative to many products made from fossil-based or other non-renewable materials. Stora Enso has some 26 000 employees in more than 30 countries, and is publicly listed on the Helsinki and Stockholm stock exchanges. Our sales in 2018 were EUR 10.5 billion, with an operational EBIT of EUR 1.3 billion.
Stora Enso Intelligent Packaging is a service provider of intelligent packaging products and solutions. Make your products, packaging and supply chain more intelligent with RFID, UHF and NFC tag technology, and make your business more efficient. Our solutions currently fit for unmanned store solutions with our New Retail solutions with Intelligent cabinets and to industrial segment with our supply chain solution.