Rautaruukki Oyj Press Release 12 Feb 2006 at 14:45 RAUTARUUKKI DEVELOPS PRODUCTION OF FRAME STRUCTURES FOR BRIDGES AND BUILDING CONSTRUCTION IN FINLAND Rautaruukki Corporation is further strengthening its position as a total delivery supplier in the construction business by investing some EUR 6 million in the production of steel frames at the Ylivieska and Seinäjoki plants in Finland. The investments will increase the production capacities of heavy frame structures in Ylivieska and painted steel frames in Seinäjoki. "Our response to the increasing demand in bridge and building construction is to strengthen local production throughout our operating area, also in Finland. These investments will speed up our growth as a total delivery supplier in the construction business, especially in the Nordic countries," explains Saku Sipola, President, Ruukki Construction. Enlargement of the Ylivieska plant will increase production of the heavy frame structures needed for bridges and large industrial buildings. Production process efficiency and working safety will be improved in the same context. Personnel numbers will increase by 30 over the following 18 months. The plant currently employs 62 professionals in metal processing. At the Seinäjoki plant, the painting capacity of steel frames is to be increased and production modernised to better meet today's environmental and working safety standards. The investment will not directly affect the number of personnel at the plant. An immediate start will be made on the implementation of both investments and extended production will be up and running by the last quarter of this year. Further information is available from: Ruukki Construction Saku Sipola, President, Ruukki Construction tel. +358 20 592 8979 Rautaruukki Oyj Taina Kyllönen, Vice President, Corporate Communications Rautaruukki supplies metal-based components, systems and integrated systems to the construction and mechanical engineering industries. The company has a wide selection of metal products and services. Rautaruukki has operations in 23 countries and employs 13,000 people. Net sales in 2005 totalled EUR 3.7 billion. The company's share is quoted on the Helsinki Exchanges (Rautaruukki Oyj: RTRKS). The Corporation has used the marketing name Ruukki since 2004. www.ruukki.com
RAUTARUUKKI DEVELOPS PRODUCTION OF FRAME STRUCTURES FOR BRIDGES AND BUILDING
| Source: Rautaruukki