RAUTE RECEIVES ORDERS WORTH EUR 7.5 MILLION FROM RUSSIA
RAUTE RECEIVES ORDERS WORTH EUR 7.5 MILLION FROM RUSSIA
Raute Corporation has received orders worth about EUR 7.5 million from the
Russian Sveza Group. The orders include several plywood production lines, among
others a peeling line, a drying line, and a layup and pressing line, to Sveza
Group's Manturovo mill. The machine deliveries will mainly take place in the end
of 2008.
The investment of Sveza Group targets to improve raw material recovery, and to
significantly increase production efficiency, flexibility, and capacity at the
Manturovo mill.
Sveza Group is a leading Russian company within the wood products industry. The
company operates five mills in Russia producing plywood, overlaid plywood and
particleboard. The group is the largest birch plywood producer in Europe. Its
current annual plywood production capacity is 660,000 m3, of which Manturovo
mill's share prior to the investment is 67,000 m3.
The order is proof of Raute's strong position in Russia, and its leading
position as the technology supplier for the plywood industry. The co-operation
between Raute and Sveza has been close and long-span. During the last 12 months
Sveza has bought machinery from Raute worth almost EUR 25 million.
RAUTE CORPORATION
Tapani Kiiski
President and CEO
FURTHER INFORMATION:
Mr. Tapani Kiiski, President and CEO, Raute Corporation,
+358 3 829 3560, mobile phone +358 400 814 148
RAUTE IN BRIEF:
Raute is a technology company serving the wood products industry worldwide. Its
most important customers are the plywood and LVL industries. The company is one
of the world's leading suppliers of mill-scale projects to these customer
industries. The total service concept also includes technology services, with
which Raute supports its customers throughout the entire life cycle of their
investments. Raute's head office and main production plant are in Nastola,
Finland. Its other production plants are in the Vancouver area of Canada, in the
Shanghai area of China, and in Jyväskylä and Kajaani, Finland. Net sales in 2007
were EUR 111 million and the number of personnel 570. More information on the
company can be found at www.raute.com.
DISTRIBUTION:
OMX Nordic Exchange, Helsinki, main media, www.raute.com