Rautaruukki
| Rautaruukki Oyj
|
|
|---|---|
 |
|
| legal form | Osakeyhtio |
| ISIN | FI0009003552 |
| founding | 1960 |
| resolution | 2014 |
| Reason for dissolution | Takeover by SSAB |
| Seat |
 Finland , Helsinki
|
| Number of employees | 8,955 (2013) |
| sales | EUR 2.405 billion (2013) |
| Branch | steel |
| Website | www.ruukki.com |
The Rautaruukki Oyj (fi. Ironworks ) was a Finnish steel producer based in Helsinki and production sites in Raahe and Hämeenlinna , which mostly under the brand name Ruukki occurred. On July 29, 2014, the company was taken over by the Swedish competitor SSAB .
Company profile
Rautaruukki produces various types of steel and steel products:
- colored profile sheets for roofing ( Pural and Purex )
- Facade components
- Raex , wear-resistant steel
- Optim , high-strength structural steel
- galvanized steel
- Litec , with lead-free Zn
- Galfan , zinc-aluminum alloy layer with approx. 5% Al
- Galvannealed , zinc-iron alloy coating
In 2007, the company generated sales of EUR 3.876 billion with around 14,500 employees worldwide. Rautaruuki was represented in a total of 24 countries in Scandinavia, Central Europe, the Baltic States and countries in Southeast Europe.
The company was listed in the Finnish OMX Helsinki 25 stock index.
history
Rautaruukki was founded in 1960 by the Finnish government to produce steel for the national defense industry.
In January 2014, the Swedish competitor SSAB announced that it would take over the company for the equivalent of 1.15 billion euros. On July 15, 2014, the European Commission gave its approval, subject to the condition that some company divisions were to be sold, and the takeover was completed on July 29, 2014. By November 20, 2014, SSAB had acquired all the shares in Rautaruukki and the Helsinki Stock Exchange completed the delisting .
SSAB's Construction Solutions division was renamed Ruukki Construction .
Web links
Individual evidence
- ↑ a b Annual Report 2013 ( Memento of the original from March 17, 2015 in the Internet Archive ) Info: The archive link was inserted automatically and has not yet been checked. Please check the original and archive link according to the instructions and then remove this notice.
- ↑ a b c Ruukki & SSAB , ruukki.de, July 30, 2014
- ↑ Steelmaker SSAB to buy Nordic rival Rautaruukki for $ 1.6 billion , Reuters, January 22, 2014
- ↑ Merger control: Commission gives green light for takeover of Rautaruukki by competitor SSAB, subject to conditions , European Commission , July 15, 2014
- ↑ SSAB AB (PUBL) has obtained ownership of all the shares in Rautaruukki Corporation and the shares will be delisted , Rautaruukki Corporation Stock Exchange Release, November 20, 2014
