September 27, 2010 | www.ruukki.com | Competitive Intelligence/Internal1

Russia’s potential for Ruukki

Visiona Venäjä –seminaari

23.11.2010

Sakari Tamminen, toimitusjohtaja Rautaruukki Oyj

September 27, 2010 | www.ruukki.com | Competitive Intelligence/Internal2

Ruukki in brief

• Net sales of €2.0 billion in 2009

• Strong presence in Nordic countries and Eastern Europe

• Growth focus in emerging markets

• Personnel 11,800 in 27 countries

Efficient, time saving steel construction solutions

Fully-assembled systems and components to the engineering industry

Steel products and associ-ated prefabrication, logistics and storage services

Construction Engineering Metals

Construction

Steel production and processingSales and services

Engineering

September 27, 2010 | www.ruukki.com | Competitive Intelligence/Internal3

2 886

3 272

2 687

2 206

1 901

3 681

2 2772 137

3 238

3 614

1 920

0

400

800

1 200

1 600

2 000

2 400

2 800

3 200

3 600

4 000

20

05

20

06

20

07

20

08

Q1

/09

Q2

/09

Q3

/09

Q4

/09

Q1

/10

Q2

/10

Q3

/10

Growth in nearly all market areas

Net sales by business area, rolling 12 months, €m *)

*) Comparable

Rest of Europe16% (12%)

Other Nordic countries31% (32%)

Other countries7% (5%)

Russia andUkraine

8% (7%)

Net sales by region Q1-Q3/2010 (Q1-Q3/2009) *)

100% = €1,762m (€1,387m)

Finland27% (32%)

Central EasternEurope

11% (12%)

Engineering business

Steel business

Construction business

September 27, 2010 | www.ruukki.com | Competitive Intelligence/Internal4

Ruukki in Russia

ProductionSales offices

The amount of employees -1 800

September 27, 2010 | www.ruukki.com | Competitive Intelligence/Internal5

Three sites; Obninsk, Balabanovo and ParnasConstruction plants in Obninsk and Balabanovo• Frames 56 400 tons a year• Profiles 42 000 tons a year• Sandwich panels 1 000 000 sq. m a year

• That is equal to: about 250 individual buildings a yearabout 1 000 concept buildings a year

Metals’ steel service centre in Parnas, St Petersburg• Prefabricated products • Strips and shape cutting

September 27, 2010 | www.ruukki.com | Competitive Intelligence/Internal6

Ruukki’s construction products

• Industrial buildings

• Retail and entertainment buildings

• Logistics buildings

• Automobile showrooms and Parking lots

• Residential buildings

• Military facilities

• Agricultural facilities

• Sport facilities

• Sandwich panels and profiled sheets

September 27, 2010 | www.ruukki.com | Competitive Intelligence/Internal7

… but improving business environment is a key precondition

Corruption perception index 2010 rankings (dark red = highly corrupt, light yellow = very clean)

Source: Transparency International

September 27, 2010 | www.ruukki.com | Competitive Intelligence/Internal8

There remains vast potential in Russia for Finnish companies...

Volume index, 2008=100

80

90

100

110

120

130

2008 2009 2010F 2011F 2012F 2013F 2014F 2015F

Source: Consensus Economics

Industrial production Investment