Stock exchange release 11 November 2008 at 14.00
Rautaruukki has sold its colour-coating line in Gävle, Sweden to the
Swedish company Trelleborg Rubore AB. The colour-coating line in
Gävle makes colour-coated special products primarily for the
automotive industry. The 35 persons employed on the line will
transfer to the service of the buyer on completion of the
transaction.
The transaction will have a positive impact of around EUR 2 million
on earnings, which Ruukki will recognise during the fourth quarter of
this year.
The transaction is part of the company's structural change and is in
line with Ruukki's strategy to divest units not forming part of its
core business. The transaction was completed on 11 November 2008.
For further information, please contact:
Janne Pirttijoki, Senior Vice President, Cold-Rolled, Coated and
Tubular Products, Ruukki Production, tel. +358 20 592 5200
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. 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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