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Ruukki Completes Employer-Employee Negotiations at Ylivieska

01/18/2012 - Ruukki has completed the employer-employee negotiations initiated by Ruukki Construction Oy in November last year for employees at the Ylivieska works in Finland.

Ruukki has completed the employer-employee negotiations initiated by Ruukki Construction Oy in November last year. The company said the negotiations, which affect around 100 persons, were initiated to adjust production and costs at the Ylivieska works in Finland in response to weakened market conditions.
 
The negotiations have resulted in the works’ personnel being laid off in accordance with a separate plan depending on market conditions. For the persons affected by the layoffs, Ruukki is exploring the possibilities of arranging work at its other sites instead of layoffs.
 
Rautaruukki supplies metal-based components, systems and integrated systems to the construction and engineering industries, offering a wide selection of metal products and services. Rautaruukki has operations in 27 countries, employs 11,700 people, and reported net sales of EUR 2.4 billion for 2010. The corporation uses the marketing name Ruukki.