Members of Union of Salaried Employees start week-long strike at
Ruukki's Raahe unit
(Thomson Reuters ONE) - Rautaruukki Corporation Stock exchange release 1 December 2009 at8:30Around 400 members of the Union of Salaried Employees TU started astrike at 6am today, 1 December 2009, after negotiations between theFederation of Finnish Technology Industries and TU foundered. Theweek-long strike will end on 8 December at 6am and affects Ruukki'soperations based at the Raahe Works.The strike will stop hot-rolling production and the cutting lines atthe Raahe Steel Works. Consequently, the manufacture of theseproducts at the works and delivery to customers and the company's ownprocessing functions will be at a standstill at the start of theweek. There is also disruption in order processing. Despite thestrike, all functions essential to the personnel, processes andenvironmental safety are being maintained.Raahe provides rolled and partly processed steel products for furtherprocessing at the company's Hämeenlinna Works, tube mills and steelservice centres. Around one third of deliveries from Raahe are directcustomer deliveries.The strike will mostly affect Ruukki Metals, which will try to useits Nordic service centre network and stocks to safeguard customerdeliveries. The strike will not significantly affect the operationsof Ruukki Engineering and Ruukki Construction divisions or Ruukki'sunits outside Finland.It is estimated the strike will weaken the consolidated operatingprofit for the fourth quarter by around EUR 6 million.For further information, please contact:Olavi Huhtala, President, Ruukki Metals tel. +358 20 592 9157Sakari Kallo, SVP, Production, Ruukki Metals tel. +358 20 592 8888Rautaruukki CorporationAnne PiriläSVP, Corporate Communications and Investor RelationsRautaruukki supplies metal-based components, systems and integratedsystems to the construction and engineering industries. The companyhas a wide selection of metal products and services. Rautaruukki hasoperations in 27 countries and employs 12,200 people. Net sales in2008 totalled EUR 3.9 billion. The company's share is quoted onNASDAQ OMX Helsinki (Rautaruukki Oyj: RTRKS). The Corporation usesthe marketing name Ruukki.DISTRIBUTION:NASDAQ OMX HelsinkiMain mediawww.ruukki.comThis announcement was originally distributed by Hugin. The issuer is solely responsible for the content of this announcement.
Datum: 01.12.2009 - 07:30 Uhr
Sprache: Deutsch
News-ID 9053
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