About us
Investors
Raute aims to ensure competitive returns for its investors. From the investor section you find Raute’s financial information as well as information about shares, investor relations, Raute’s governance and Raute as an investment.
Sustainability
We want to lead the industry towards a more sustainable future in engineered wood products.
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Lines & Machines
Lines
Whether your industry is veneer, plywood or LVL, there is always a "fit-to-your-need" line from Raute's own offering for any and all production processes starting from log handling, running through veneer production to plywood or LVL.
Machines
The core of production lines is made of machines. Many of Raute’s machines can be installed into existing lines as modernizations, also to other brand but Raute lines.
Analyzers
Making the most out of your raw material is made possible by modern analyzing systems. Intelligent analyzers make the right decisions at right time. Raute offers a wide variety of different types of analyzers for veneer, plywood, LVL, and lumber production.
Future-proof your mill.
Raute offers services worldwide to maintain existing veneer, plywood, and LVL production machinery and to improve the production.
The Board of Directors' term of office starts at the Annual General Meeting where the board is elected, and ends at the following Annual General Meeting. The majority of the Board members must be independent of the company and at least two members in the said majority must be independent of the company's major shareholders.
The tasks of the Board are described in the charter of the Board of Directors. In addition to the statutory tasks and those defined in the Articles of Association, the Board annually decides, among other things, on the company's basic strategy, strategy-based annual business plan and budget. The Board also follows the Group's financial standing on the basis of the company management's monthly reporting and draws up the interim reports. In addition, the Board takes care of the tasks of the Audit Committee. The Board carries out an annual self-evaluation of the work of the Board members and the Chairman of the Board.
Raute Corporation's Annual General Meeting held on April 4, 2024 elected seven members to the Board of Directors. As Chair of the Board was elected Licentiate in Technology Laura Raitio, as Vice-Chair of the Board M.Sc. (Tech.) Joni Bask and as Board Members Engineer (Construction technology) Ari Harmaala, B.Sc. (Econ.) Ari Piik, M.Sc. (Econ.) Mikko Kettunen, M.Sc. (Econ.) Julius Manni and M.Sc. (Eng.) Jenni Virnes.
The Annual General Meeting of 2024 set the following remunerations for Board members for the term 2024/2025: EUR 48 thousand to the Chair of the Board and EUR 24 thousand to Vice-Chair of the Board and to Board members.
Laura Raitio
b.1962
Chair of the Board of Directors 2019-Member of the Board 2017-Chair of the Board's Appointments Committee 2019-.
Independent of the company and of major shareholders.
Finnish citizen.
Licentiate in Technology.
Laura Raitio was CEO of Diacor Medical Services Oy 2014-3/2017. Prior to that she was Executive Vice President, Building and Energy 2009–2014 and Member of the Executive Management Team 2006–2014, Ahlstrom; Ahlstrom's Senior Vice President, Marketing 2006–2008; Ahlstrom's Vice President and General Manager for Wallpaper & Poster, Pre-impregnated Decor, Abrasive Base in Osnabrück, Germany 2002–2005, and Managing Director of Ahlstrom Kauttua 2001–2002. She has held several managerial positions within Ahlstrom's specialty paper business since 1990.
Main simultaneous positions of trust: Chair of the Board of Helsinki Deaconess Institute 2017-; Member of the Board of Directors of Solidium Oy 2019-Member of the Board of Directors of Alko Oy 2021-, Chair of the Board of Directors of Alko Oy 2022-.
Remuneration in 2023: EUR 48 thousand
Attendance at Board meetings in 2023: 31/31
Share-based remunerations: No share-based remunerations
Raute shares on December 31, 2023: 7,896
Joni Bask
b.1975
Vice-Chairman of the Board 2024-.Member of the Board 2012-.Independent of the company and of major shareholders.Finnish citizen.
M.Sc. (Eng.).
Principal occupation: Sr. Manager, Varian Medical Systems Finland Oy 2020-.Joni Bask has held various product development and management positions at Varian Medical Systems Finland Oy as of 2003.
Main simultaneous positions of trust: No simultaneous positions of trust.
Remuneration in 2023: EUR 24 thousandAttendance at Board meetings in 2023: 30/31Share-based remunerations: No share-based remunerations
Raute shares on December 31, 2023: 49,559
Ari Harmaala
b.1961
Member of the Board 2019-.Independent of the company and of major shareholders.
Engineer, Construction technology
Principal occupation: Managing Director, China Office of Finnish Industries Oy 2024-
Ari Harmaala has worked as Senior Vice President, Sales and Customership and Management Team member of Metsä Fibre Oy 2011-2024. Prior to that he worked for Metso Paper in China 2002–2011, latest as President of Metso Paper (China) Co., Ltd in 2004–2011. Before that he held senior business and sales management positions at Valmet in 1987–2002, for instance in Singapore and Thailand.
Main simultaneous positions of trust:Board Member of EPIS, European Pulp Industry Sector 2016–.
Ari Piik
b. 1993B.Sc. (Econ.)Finnish citizenMember of the Board of Directors 2022−.Independent of the company and of major shareholders.
Principal occupation: Head of Consumer Business, Wolt Enterprises Oy 2023−.Ari Piik has been Head of Consumer Business at technology company Wolt since 2023 and Head of Strategy and Business Operations 2020-2023. He has previously held executive positions in strategy consulting at Bain & Company 2016-2020.
Main simultaneous positions of trust: no simultaneous positions of trust
Remuneration in 2023: EUR 24 thousand
Raute shares on December 31, 2023: 32,165
Jenni Virnes
b.1974M.Sc. (Eng.) Finnish citizen.
Member of the Board of Directors 2024−.Independent of the company and of major shareholders.
Principal occupation: Entrepreneur and consultant
Previously, Jenni Virnes has worked as CEO of Sensisto Oy from 2014 to 2017 and as COO of MariSense Oy from 2011 to 2014. She has also held business development positions at UPM-Kymmene Oyj.
Main simultaneous positions of trust: Board member Pricer Abp 2016–.Board member Evolnos Oy 2023–.
Julius Manni
b. 1978M.Sc. (Econ.)Finnish Citizen
Principal occupation: CEO, Vincit Oyj 2021-.
Julius Manni has been CEO of Vincit Plc since 2021. Earlier, he has worked in Tieto Plc's management team as Executive Vice President, Customer Experience and Corporate Identity (2019-2020), as Country Manager for Finland at Affecto Plc (2015-2016), in several Nordic management positions in sales, marketing and digital service development at If P&C insurance (2008-2014 and 2016-2018) and as a strategy consultant at Accenture (2004-2008). He has also worked as an independent management consultant for several growth companies.
Mikko Kettunen
b. 1976M.Sc. (Econ.)Finnish Citizen
Mikko Kettunen is currently the CFO of Caverion Corporation. He has previously held management positions in several international industrial companies, including Exel Composites CFO and business unit manager, and CFO at Maillefer and Foster Wheeler. Earlier in his career, Mikko worked as an M&A consultant at PwC. His previous positions of trust include chairmanship of the Board of Directors of Bolt.works.
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