Raute strengthens its Group Executive Board

RAUTE CORPORATION STOCK EXCHANGE RELEASE 30 SEPTEMBER 2013 at 4:45 p.m.


RAUTE STRENGTHENS ITS GROUP EXECUTIVE BOARD

Raute has clarified the areas of responsibility for the Executive Board members and appointed two new members to Raute Group's Executive Board as of 1 October 2013.

Mika Hyysti, B.Sc. (Eng.) (48) has been appointed Group Vice President, Technology, with responsibility for technology, products and R&D. He joined Raute in 1990 and has previously held the positions of Automation Engineering Manager, R&D Manager and Technology Manager, among others.

Marko Hjelt, M.Ed. (44) has been appointed Group Vice President, Human Resources, with responsibility for human resources and competence development. He joined Raute in 2013 as Group HR Manager. Prior to joining Raute, he worked at Go On Yhtiöt as Head of the unit in Lahti and Hämeenlinna, Finland, and as a Senior Consultant for Mercuri Urval.

Raute Group's Executive Board and the members’ areas of responsibility as of 1 October 2013:

Tapani Kiiski, President and CEO, Chairman – Sales,
Arja Hakala, Group Vice President, Finance, CFO – Finance and administration,
Marko Hjelt, Group Vice President, Human Resources – Human resources and competence development,
Mika Hyysti, Group Vice President, Technology – Technology, products and R&D,
Timo Kangas, Group Vice President, Customer Care – Customer relationships and marketing, market area EMEA,
Petri Lakka, Group Vice President, Technology Services – Technology services
Petri Strengell, Group Vice President, Operations – Project deliveries and operations.

 
RAUTE CORPORATION
Tapani Kiiski
President and CEO


FURTHER INFORMATION:
Mr. Tapani Kiiski, President and CEO, Raute Corporation, tel. +358 3 829 3560, mobile +358 400 814 148

DISTRIBUTION:
NASDAQ OMX Helsinki Ltd, main media, www.raute.com

RAUTE IN BRIEF:
Raute is a technology and service company that operates worldwide. Raute’s customers are companies operating in the wood products industry that manufacture veneer, plywood and LVL (Laminated Veneer Lumber). The technology offering covers machinery and equipment for the entire production process. As a supplier of mill-scale projects Raute is a global market leader both in the plywood and LVL industries. Additionally, Raute’s full-service concept includes technology services ranging from spare parts deliveries to regular maintenance and equipment modernizations. Raute’s head office is located in Nastola, Finland. Its other production plants are in the Vancouver area of Canada, in the Shanghai area of China, and in Kajaani, Finland. Raute’s net sales in 2012 were EUR 101.3 million. The Group’s headcount at the end of 2012 was 503.

More information about the company can be found at www.raute.com.