Marine Link
Friday, March 29, 2024
SUBSCRIBE

Rautaruukki Group News

16 Aug 2002

Rautaruukki’s Negotiations Conclude

The joint staff negotiations concerning Rautaruukki’s Group Administration have been seen to completion. As a consequence of them, the total number of just over 100 Group Administration staff will be decreased by one fifth in line with the objective. The staff reductions will be carried out by means of pension arrangements, terminations of fixed-term employment relationships and transfers to new positions.

13 Feb 2002

Rautaruukki Steel = Quality and Profit

Rautaruukki Group of Finland is the largest steel company in Scandinavia with 13,000 employees and an approximate annual turnover of $2.7 billion. While this is, essentially, a small company among the consolidated behemoths of the steel industry, Rautaruukki comes up big in the important areas: quality and profit. Shipbuilding, stripped to its bare essence, starts and ends with steel. From the ceremonial “first cut” through its eventual evolution at the hands of breakers to razor blades, steel – as much as any other factor – directly determines if the multi-million, multi-year investment in a vessel is a profitable one. Ensuring the original quality and long-term care and integrity of the ship’s steel is central to every quality owner’s repair and maintenance plan.

18 Nov 2002

New Rolling Mill Inaugurated at Fundia Nedstaal

The new rolling line at Fundia Nedstaal B.V.’s rolling mill was inaugurated in the Netherlands on Wednesday. The wire rod production of the company has now been centralised in a single combi mill instead of the previous two rolling lines. than before. President and CEO Mikko Kivimäki. at the rolling mill, and decreases maintenance costs. water. a year. line is 70 metres per second, i.e. 250 km/h. main installations were carried out in May and June. in the line. The total cost of the investment is EUR 11 million. end products for the automotive and engineering industry. such as adjustable wrenches or pliers. Together with Fundia Wire in Finland, Fundia Nedstaal B.V. ball bearing wire rods in Europe. European producer of valve spring wires. people. products.