Market-making for Raute Corporation transferred to

Lahti, Finland, 2017-01-02 07:45 CET (GLOBE NEWSWIRE) -- RAUTE CORPORATION STOCK EXCHANGE RELEASE 2 JANUARY 2017 at 8.45 a.m. MARKET-MAKING FOR RAUTE CORPORATION TRANSFERRED TO NORDEA BANK AB (PUBL)

Raute Corporation has a market making agreement with Nordea Bank Finland Plc in compliance with the Liquidity Providing (LP) requirements issued by Nasdaq Helsinki Ltd. The market making for Raute Corporation is transferred to Nordea Bank AB (publ) as of 2 January 2017 due to the merger between Nordea Bank Finland Plc and its parent company Nordea Bank AB (publ).  

RAUTE CORPORATION Arja Hakala Chief Financial Officer FURTHER INFORMATION: Ms. Arja Hakala, CFO, Raute Corporation, mobile +358 400 710 387 DISTRIBUTION: Nasdaq Helsinki Ltd, main media, www.raute.com

RAUTE IN BRIEF: Raute is a technology and service company that operates worldwide. Raute’s customers are companies operating in the wood products industry that manufacture veneer, plywood and LVL (Laminated Veneer Lumber). The technology offering covers machinery and equipment for the customer’s entire production process. As a supplier of mill-scale projects, Raute is a global market leader both in the plywood and LVL industries. Additionally, Raute’s full-service concept includes technology services ranging from spare parts deliveries to regular maintenance and equipment modernizations. Raute’s head office is located in the Nastola area of Lahti, Finland. Its other production plants are in Kajaani, Finland, the Vancouver area of Canada and in the Shanghai area of China. More information on the company can be found at www.raute.com.