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.
Raute Corporation (“Raute”) has signed a contract worth EUR 29 million with AS Latvijas Finieris (“Latvijas Finieris"), Latvia for the delivery of technology to a plywood mill expansion. Following the terms of the contract, the project has become effective by signing of a delivery contract today.
Latvijas Finieris, the leading producer of birch plywood in Europe and the Baltic countries, will expand their Verems, Latvia plywood factory to increase the production capacity by 35000 m3.
The order for Raute’s technology includes all main production processes from veneer drying to plywood overlaying: veneer drying line, veneer scarf-jointing line, veneer composing lines, plywood layup line, plywood pressing line, panel trimming line, and panel overlaying line, with extensive service package and long-term on-site management. The lines are a complete solution compiled of the proven R5- and most modern automated R7-Series technologies. All lines are equipped with analyzers for grading and MillSIGHTS software for data capturing.
The ordered machinery and equipment will be delivered between March 2024 and June 2025. The equipment will be manufactured at Raute’s production units in Lahti and Kajaani in Finland, and in the company’s partnership network.
This new expansion, which will be in full operation in 2025, is part of Latvijas Finieris’s strategy to develop and innovate sustainable birch plywood production enabling further processing of special end products.
“We are happy to work with Latvijas Finieris on yet another project to promote resource-efficient society. We believe our unique solutions enable Latvijas Finieris in reaching their increased targets for sustainable plywood production”, says Mika Saariaho, CEO of Raute.
Latvijas Finieris Group is a multi-sectoral international company with key business in research, development, production, and sales of tailored birch plywood products under the brand Riga Wood. Their birch plywood and veneer factories are located in Latvia, Lithuania, Estonia and Finland. The plywood products and solutions are delivered to 32 industries world-wide. Further information on Latvijas Finieris can be found at www.finieris.lv
RAUTE CORPORATIONMika SaariahoPresident and CEO
FURTHER INFORMATION:
Mr. Mika Saariaho, President and CEO, tel. +358 40 1549393
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