Business news from Ukraine

Business news from Ukraine

Ruukki and SSAB will provide charitable assistance to Ukraine with roofing materials

Steel company SSAB (Sweden) and its subsidiary Ruukki Construction will provide charitable assistance in the form of roofing materials produced by Ruukki to restore houses damaged in Ukraine as a result of Russian aggression, the Ukrainian Steel Construction Center (UKCC) said in a press release on Monday.
Reportedly, the roofing materials will be made of SSAB steel at Ruukki’s plant in Ukraine. The roofing kit will include profiled sheets, strips and fasteners to restore damaged roofs of 85 homes.
This program will be implemented through the charity organization OperationAid.
Ruukki factory in Ukraine has 72 employees. Thanks to the support of Ruukki Corporation Ukraine resumed the work of the plant in the village of Kopylov and the work of the company as a whole since May 2022. Work is carried out on a limited schedule a few days a week, depending on the load lines and the availability of electricity.
SSAB is listed on the Nasdaq OMX Stockholm and Nasdaq OMX Helsinki stock exchanges. The company is headquartered in Stockholm, Sweden. SSAB has a total steelmaking capacity of 8.8 million tonnes per year in Sweden, Finland and the United States. SSAB has its own steel processing and fabrication facilities in China, Brazil and many other countries. SSAB employs 15,000 people in over 50 countries worldwide.
SSAB connects the biggest players in the national steel construction market. It currently encompasses more than 60 specialized companies.

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