Rautaruukki
Rautaruukki’s acquisition of Lithuanian steel frame company approved
Rautaruukki / Release of a Adhoc News, transmitted by DGAP - a company of EquityStory AG. The issuer is solely responsible for the content of this announcement. ---------------------------------------------------------------------- Rautaruukki Corporation Stock exchange release 30 December 2008 at 14.25 Rautaruukki's acquisition of Lithuanian steel frame company approved 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 em-ploys 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 News Source: NASDAQ OMX 30.12.2008 Financial News transmitted by DGAP ---------------------------------------------------------------------- Language: English Issuer: Rautaruukki Finland Phone: Fax: E-mail: Internet: ISIN: FI0002001959 WKN: End of News DGAP News-Service ---------------------------------------------------------------------------
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