Rautaruukki's acquisition of Lithuanian steel f...
Rautaruukki Corporation Stock exchange release 30 December 2008 at
14.25
Rautaruukki Corporation has acquired the entire share capital of the
Lithuanian steel frame company Gensina from the company's private
owners. The transaction was approved today 30 December 2008.
Gensina is active within the production and assembly of steel frames.
The company's customers are international and local investors and
construction firms in Lithuania. Gensina has 82 employees and its net
sales in 2007 were around EUR 9 million.
The acquisition furthers Ruukki's frame and envelope project
management business in Lithuania and the other Baltic states, and
also strengthens Ruukki's manufacturing network serving the Baltic
states.
For further information, please contact: Guntis Duks, Baltic Sales
Director, Ruukki Construction, tel: +371 6704 4930,
guntis.duks@ruukki.com
Rautaruukki Corporation
Anne Pirilä
SVP, Corporate Communications and Investor Relations
Rautaruukki supplies metal-based components, systems and integrated
systems to the construction and engineering industries. The company
has a wide selection of metal products and services. Rautaruukki has
operations in 26 countries and employs 15,000 people. Net sales in
2007 totalled EUR 3.9 billion. The company's share is quoted on
NASDAQ OMX Helsinki (Rautaruukki Oyj: RTRKS). The Corporation uses
the marketing name Ruukki.
DISTRIBUTION:
NASDAQ OMX Helsinki
Main media
www.ruukki.com
This announcement was originally distributed by Hugin. The issuer is
solely responsible for the content of this announcement.
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