Rautaruukki
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Rautaruukki Oyj | |
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Type | Public (OMX: RTRKS) |
Founded | 1960 |
Headquarters | Helsinki, Finland |
Key people | Jukka Viinanen (Chairman of the board), Sakari Tamminen (President and CEO) |
Industry | Basic resources |
Products | Manufacture and supply of metals and metal products |
Revenue | €3.876 billion (2007)[1] |
Operating income | ▲ €637 million (2007)[1] |
Employees | 14,700 (2007)[1] |
Website | www.ruukki.com |
Rautaruukki (currently using the marketing name Ruukki) is a Finnish company, headquartered in Helsinki, which manufactures and supplies metal-based components and systems for construction and engineering purposes.
The company was founded in 1960 by the Finnish Government to provide the steel supply needed by the nation's heavy industries. Since part-privatization in 1994, the state has gradually decreased its holding in Rautaruukki to 40% and the firm is now a constituent member of the OMX Helsinki 25 index [1].
The firm consists of four business divisions: construction, engineering, metals (which currently generates most of the company's sales) and production (which provides products for the company's other divisions). Rautaruukki produces a range of products for clients in various industries, including cabins and chassis for heavy vehicles, hot rolled steel plates and coils, roofing sheets and building and bridge structures.
In 2007, around 14,700 people were employed by the company, which now conducts business in wider Scandinavia, Central Europe, the Baltic countries and the Balkans [2].
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