How we created value in forest assets in 2020
Annual Report 2020
Raute is a global market leader supplying technology for the plywood and LVL industries. We create value to our customers by developing profitable, resource-efficient and digital production solutions that create value across their production lifecycle and evolving needs.
In this Annual Report, you will find the most relevant information about our operating environment, business operations and strategy. The report also highlights the key points of our corporate responsibility and financial performance in 2020.
Systematic execution of strategy despite challenging market conditions
The year 2020 will be remembered as the year of the COVID-19 pandemic and its dramatic impact on people’s lives and the global economy. When the pandemic began, the first reaction from many of our customers was to put everything on hold. To adapt our operations to the declined order book and the impact of operational restrictions such as travel bans, we had to adapt our operations in Finland.
Thankfully, the year 2020 was not only doom and gloom. Despite the challenges caused by the coronavirus, we succeeded in executing our strategy, albeit at a slightly slower pace than planned in the beginning of the year.
All of us had to be flexible and work under rapidly changing and challenging conditions. We succeeded in it, thanks to our commitment and hard work. I am convinced that when the “new normal” eventually begins, Raute is in a good position to take an advantage of the opportunities that lie ahead.
Tapani Kiiski
President and CEO
The wood processing value chain is changing
Raute adds value to its customers' business by supplying solutions for the profitable and environmentally sustainable production of wood products.
Read more about Raute’s role in
the wood processing value chain here.
{{ caption }}
{{# prev }} {{/ prev }} {{# next }} {{/ next }}{{ caption }}
{{# prev }} {{/ prev }} {{# next }} {{/ next }}