Raute has initiated change negotiations, in accordance with the Act on Co-operation within Undertakings about the salaried and senior salaried personnel in Finland.

Raute Corporation announced half-yearly report. While the first quarter was exceptionally impressive the second quarter was heavily impacted by Russian business wind-down.

Mika Saariaho is the new President and CEO of Raute. He will join Raute from Metso Outotec Corporation where he holds the position of Senior Vice President, with responsibility for the crusher wears business.

Raute has recently received from Indonesia orders for 40 Veneer Patcher R3 machines. Veneer patching is an efficient way to fix defective veneers without clipping off or composing a huge chunk of their veneers.

The first Raute Green Veneer Composing Line R7 is now sold to Tolko Industries Ltd. in Heffley Creek Canada. This new-generation Green Veneer Composing Line R7 tapes together green random veneers to make half or full veneer sheets.

The Board of Raute Corporation has appointed Petri Strengell as the company’s interim President and CEO effective from May 1, 2022.

Raute Corporation’s President and CEO Tapani Kiiski will leave his position by mutual agreement with the company as of April 30, 2022.

Raute Plywood Lay-up Line R3 is in demand in 2022. One of the hot products of the market from Raute is highly in use.

Raute Corporation’s Board of Directors has decided to change the Notice of the Annual General Meeting, on which a stock exchange release was published on February 25, 2022.

Raute’s Corporation Appointments Committee has announced that it will propose to the Annual General Meeting, which will convene on March 31, 2022, that the number of Board members be increased from the current six members to seven members.