Business news from Ukraine

RUUKKI STANDS WITH UKRAINE AND STOPS BUSINESS WITH RUSSIAN AND BELARUSSIAN COMPANIES

The war in Ukraine has dramatically changed the geopolitical landscape in Europe. Ruukki Construction fully condemns Russia’s attack and the hostility towards Ukraine and its people.
Safety of our employees, customers and partners is of the highest importance at Ruukki. All of Ruukki’s operations in Ukraine have been suspended and all shipments and sales to Russia and Belarus have been discontinued. For some time, this will also affect the delivery capabilities of some product groups.
Our thoughts are with the people of Ukraine and our colleagues, customers and partners, who are in the middle of the war. Ruukki and our employees in various countries help our Ukrainian colleagues and their families by providing financial support and resettlement assistance. We are grateful to all those who work tirelessly to help the people of Ukraine.
SSAB supports Ukraine through UNHCR
As part of SSAB, Ruukki is donating to UNHCR, the UN High Commissioner for Refugees to support the people in Ukraine. UNHCR is present in the country with a structure already set up and has vast experience in rapid response, relief and refugee assistance, including people fleeing inside Ukraine.
Ruukki is constantly monitoring the development of the situation and taking any necessary actions to secure the safety of its people.
Ruukki has a factory in Kopyliv, some 50 kilometers west from Kyiv, and sales offices in some ten locations in Ukraine. Altogether, Ruukki has 73 employees in Ukraine.
In Ukraine, Ruukki products for commercial construction are represented by Rauta. Rauta Group was set up in 2014. Its core business is the design of constructions, supply and assembly of construction materials. The company has a license for the construction of facilities with medium (CC2) and high (CC3) consequences.
According to the unified state register, the owner of a 100% stake in the statutory capital of the company is Andriy Ozeychuk.

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