Finnish producer Rautaruukki now owns Rannila Slovakia
Finnish integrated flat steel producer Rautaruukki Steel Structure Division, aiming to expand its operations in Eastern and Central
Europe, is now the owner of Rannila
Slovakia after taking over its 49% shares from the Slovakian minority shareholder
US Steel Kosice (USSK).
Rannila
Slovakia, located in Kosice, produces
construction materials and has subsidiaries in
Hungary and
Romania. Company reported a €17.5 million ($20.3 million) turnover for last year.