Rautaruukki continues expansion eastwards: new ...

Press release 20 October 2008 Rautaruukki is to open its first sales office in Belarus and will then have operations in 26 countries. Expansion eastwards is a further step in Ruukki's strategic intent to become the industry leader in steel construction in Europe. "Expansion of our sales network into Belarus will improve our customer service and provide the potential for new partnerships. There is strong demand for new solutions and fast construction technologies, which we are now better placed to provide," says Saku Sipola, President, Ruukki Construction. The construction market in Belarus has been showing strong growth. In the first half of 2008 the construction sector grew by more than 20 per cent (Finpro). For further information, please contact: Saku Sipola, President, Ruukki Construction, tel. +358 20 59 28979. 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 14,990 people. Net sales in 2007 totalled EUR 3.9 billion. The company's share is quoted on the OMX Nordic Exchange Helsinki (Rautaruukki Oyj: RTRKS). The Corporation uses the marketing name Ruukki. 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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