Rautaruukki Corporation is a Finnish

Finland

Finland , officially the Republic of Finland, is a Nordic country situated in the Fennoscandian region of Northern Europe. It is bordered by Sweden in the west, Norway in the north and Russia in the east, while Estonia lies to its south across the Gulf of Finland.Around 5.4 million people reside...

 company, headquartered in Helsinki

Helsinki

Helsinki is the capital and largest city in Finland. It is in the region of Uusimaa, located in southern Finland, on the shore of the Gulf of Finland, an arm of the Baltic Sea. The population of the city of Helsinki is , making it by far the most populous municipality in Finland. Helsinki is...

, which manufactures and supplies metal

Metal

A metal , is an element, compound, or alloy that is a good conductor of both electricity and heat. Metals are usually malleable and shiny, that is they reflect most of incident light...

-based components and systems to the construction

Construction

In the fields of architecture and civil engineering, construction is a process that consists of the building or assembling of infrastructure. Far from being a single activity, large scale construction is a feat of human multitasking...

 and engineering

Engineering

Engineering is the discipline, art, skill and profession of acquiring and applying scientific, mathematical, economic, social, and practical knowledge, in order to design and build structures, machines, devices, systems, materials and processes that safely realize improvements to the lives of...

 industries.

The company was founded in 1960 by the Finnish Government

Government of Finland

Finland is a republic with a representative democracy governed accordingly to the principles of parliamentarism. Legislative power is vested in the Parliament of Finland . Executive power is exercised by the Cabinet, officially termed Council of State , which is led by the Prime Minister, the Head...

 to provide the steel supply needed by the nation's heavy industries. Since part-privatization

Privatization

Privatization is the incidence or process of transferring ownership of a business, enterprise, agency or public service from the public sector to the private sector or to private non-profit organizations...

 in 1994, the state has gradually decreased its holding in Rautaruukki to 40% and the firm is now a constituent member of the OMX Helsinki 25

OMX Helsinki 25

OMX Helsinki 25 is a stock market index for Helsinki Stock Exchange. It is a market value weighted index that consists of the 25 most-traded stock classes. The maximum weight for a single stock is limited to 10%...

 index http://www.ruukki.com/www/corporate.nsf/documents/EBBFEC50B7016EA7C2257236003BCE05?openDocument&lang=1.

The firm consists of three business areas: construction, engineering and metals. Rautaruukki produces a range of products for clients in various industries, including cabins and chassis

Chassis

A chassis consists of an internal framework that supports a man-made object. It is analogous to an animal's skeleton. An example of a chassis is the underpart of a motor vehicle, consisting of the frame with the wheels and machinery.- Vehicles :In the case of vehicles, the term chassis means the...

 for heavy vehicles, hot rolled steel plates and coils, roofing sheets and building and bridge

Bridge

A bridge is a structure built to span physical obstacles such as a body of water, valley, or road, for the purpose of providing passage over the obstacle...

 structures.

The company employs around 11,500 people, which conducts business in wider Scandinavia

Scandinavia

Scandinavia is a cultural, historical and ethno-linguistic region in northern Europe that includes the three kingdoms of Denmark, Norway and Sweden, characterized by their common ethno-cultural heritage and language. Modern Norway and Sweden proper are situated on the Scandinavian Peninsula,...

, Central Europe

Central Europe

Central Europe or alternatively Middle Europe is a region of the European continent lying between the variously defined areas of Eastern and Western Europe...

, the Baltic countries

Baltic countries

The term Baltic states refers to the Baltic territories which gained independence from the Russian Empire in the wake of World War I: primarily the contiguous trio of Estonia, Latvia, Lithuania ; Finland also fell within the scope of the term after initially gaining independence in the 1920s.The...

 and the Balkans

Balkans

The Balkans is a geopolitical and cultural region of southeastern Europe...

http://www.ruukki.com/www/corporate.nsf/documents/8E3FDE8A71774616C225722C0048BE2B?openDocument&lang=1.