Nastola, Finland, 2011-09-26 12:15 CEST (GLOBE NEWSWIRE) --
RAUTE CORPORATION STOCK EXCHANGE RELEASE 26 SEPTEMBER 2011 at 1:15 p.m.
PETRI LAKKA APPOINTED MEMBER OF RAUTE GROUP'S EXECUTIVE BOARD
Mr. Petri Lakka, Licentiate in Technology (46) has been appointed member of Raute Group's Executive Board as of 26 September 2011. Petri Lakka has joined Raute Group on 12 September 2011 as Group Vice President, Business Development. Previously he was Director, Industry and Energy Division of Ramboll Finland Oy in 2008-2011. Before that in 1996-2008, he held a senior management position in the Metso Paper service business in Finland and in the United States.
As of 26 September 2011, Raute Group's Executive Board consists of: Mr. Tapani Kiiski, President and CEO (Chairman); Mrs. Arja Hakala, Chief Financial Officer; Mr. Timo Kangas, Group Vice President, Technology Services; Mr. Petri Lakka, Group Vice President, Business Development; Mr. Petri Strengell, Group Vice President, Technology and Operations; and Mr. Bruce Alexander, Group Vice President, North American Business Operations.
RAUTE CORPORATION
Tapani Kiiski
President and CEO
FURTHER INFORMATION:
Tapani Kiiski, President and CEO, tel. +358 3 829 3560, mobile +358 400 814 148
Petri Lakka, Group Vice President, Business Development, tel. +358 40 521 1087
DISTRIBUTION:
NASDAQ OMX Helsinki Ltd, main media, www.raute.com
RAUTE IN BRIEF:
Raute is a technology and service company that operates worldwide. Raute’s customers are companies operating in the wood products industry that manufacture veneer, plywood and LVL (Laminated Veneer Lumber). The technology offering covers machinery and equipment for the entire production process. As a supplier of mill-scale projects Raute is a global market leader both in the plywood and LVL industries. Additionally, Raute’s full-service concept includes services ranging from repairs and spare parts deliveries to regular maintenance and equipment modernizations. Raute’s head office is located in Nastola, Finland. Its other production plants are in the Vancouver area of Canada, in the Shanghai area of China, and in Kajaani, Finland. Raute’s net sales in 2010 were EUR 62.9 million. The Group’s headcount at the end of 2010 was 495.
More information on the company can be found at: http://www.raute.com/.