Rautaruukki's acquisition of steel frame constr...
Rautaruukki Corporation Stock exchange release 27 February 2009 at
15.00
Rautaruukki has acquired the entire share capital of the Norwegian
steel frame company Skalles Eiendomsselskap AS from its private
owners. The acquisition was completed today 27 February 2009.
The acquisition strengthens Ruukki's market position in the Nordic
countries and particularly in Norwegian steel construction. Skalles'
business complements Ruukki's customer base and product offering.
Skalles total deliveries include the design, manufacture and
installation of steel structures. The company has some 50 employees
and its net sales for 2008 were approximately EUR 16 million. Skalles
is located in Fredrikstad, to the south of Oslo.
For further information, please contact:
Jouni Metsämäki, Senior Vice President, Northern and Eastern Europe,
Ruukki Construction, +358 20 592 9114
Hans Erik Pedersen, Marketing Manager, Norway, Ruukki Norge AS,
+47 908 32 041
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 14,300 people. Net sales in
2008 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. www.ruukki.com
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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