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2012-12-11 12:30:00 CET 2012-12-11 12:31:58 CET REGULATED INFORMATION Rautaruukki - Company AnnouncementEuropean Commission clearance for Ruukki and CapMan's agreement to create Fortaco, Europe's leading manufacturing partner for the engineering industryRautaruukki Corporation Stock exchange release 11 December 2012 at 1.30pm EET Rautaruukki Corporation (Ruukki) and funds managed by CapMan (CapMan) agreed in October to combine units of Komas and units of Ruukki Engineering division to form a new company, Fortaco. The agreement has now received European Commission clearance and is expected to be finalised this year. Fortaco will be Europe's largest actor in its field. Earlier stock exchange release: 17 October 2012 Ruukki and CapMan create Fortaco, Europe's leading manufacturing partner for the engineering industry - Ruukki focuses on construction and special steels business Additional information: Sakari Tamminen, President & CEO, Rautaruukki Corporation, tel. +358 20 592 9075 Marko Somerma, CSO, Rautaruukki Corporation, tel. +358 20 592 9137 Rautaruukki Corporation Taina Kyllönen SVP, Marketing and Communications Ruukki provides its customers with energy-efficient steel solutions for better living, working and moving. Ruukki operates in some 30 countries and employs around 11,800 people. Net sales in 2011 totalled EUR 2.8 billion. The company's share is quoted on NASDAQ OMX Helsinki (Rautaruukki Oyj: RTRKS). DISTRIBUTION: NASDAQ OMX Helsinki Main media www.ruukki.com [HUG#1664027] |
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