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Finnish company From Wikipedia, the free encyclopedia
Rautaruukki Oyj, using the marketing name Ruukki, is a Finnish company, headquartered in Helsinki, which manufactures and supplies metal-based components and systems to the construction and engineering industries. In 2014 Swedish SSAB bought Ruukki.
Company type | Julkinen osakeyhtiö |
---|---|
Industry | Basic resources, Metal industry |
Founded | 1960 |
Headquarters | , |
Area served | Worldwide |
Key people | Reino Hanhinen (Chairman), Sakari Tamminen (President and CEO) |
Products | Manufacture and supply of metals and metal products |
Revenue | €2.798 billion (2011)[1] |
(€22 million) (2011)[1] | |
(€79 million) (2010)[2] | |
Total assets | €2.539 billion (end 2010)[2] |
Total equity | €1.389 billion (end 2010)[2] |
Number of employees | 11,820 (average, 2011)[1] |
Website | ruukki |
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.The firm consists of three business areas: construction, engineering and metals. 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.
On 31 December 2011the principal shareholders were:[3]
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