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
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, LVL, or solid wood panels.
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 to streamline its global manufacturing network and close its production facility in Changzhou, China
Raute’s strategic objective is strengthening operational efficiency and securing its competitiveness in a changing market environment. In line with this objective, Raute has decided to close its production unit in Changzhou, China, as part of a broader restructuring of its global manufacturing network. The decision is driven by weak market demand in China, which results in profitability challenges at the unit, as well as Raute’s plan to concentrate production resources more cost-effectively and increase flexibility in manufacturing.
Following the closure decision, Raute will book impairments and provisions affecting comparability in the estimated total amount of EUR 3.8 million. As a result of the measures, Raute’s fixed costs will decrease by approximately EUR 2 million annually.
Raute’s Changzhou facility has focused on the manufacture of the company’s R3 product category, which represents Raute’s lowest price point technology level. The demand for these products has not developed as expected in the Chinese domestic market. Customer needs have focused from R3 product category towards even simpler and lower-cost solutions, for which Raute currently has no offering or strategic interest in product development.
R3 products have generated moderate interest outside China, and to meet global demand, Raute can leverage its existing production channels outside China. This change will not affect the availability of R3 products or the spare parts and maintenance services Raute provides to its customers.
Raute’s Chinese subsidiary, Raute (Changzhou) Machinery Co., Ltd, currently employs approximately 40 people. The employment relationships will end in a controlled and orderly manner. Employees will be informed of the changes immediately, and discussions regarding the impacts will take place.
“We have carefully assessed the role and future prospects of the Changzhou facility. In order to secure the competitiveness of our business, we must adapt to market conditions, which unfortunately means closing an unprofitable unit. Raute will continue to offer R3, R5, and R7 solutions also in the Chinese market, but instead of local manufacturing, the production chain for R3 products will be optimized and transferred elsewhere in Raute’s internal and external production network. We are committed to open and respectful dialogue with employees throughout this transition”, says Mika Saariaho, President and CEO of Raute.
Raute Corporation Mr. Mika SaariahoPresident and CEO
FURTHER INFORMATION: Mr. Mika Saariaho, President and CEO, tel. +358 40 154 9393
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