Ruukki Construction
Sustainable building products and services in Europe
Fast facts
Ruukki Construction offers building products and services such as roofing and envelopes, for both residential and non-residential construction.
Employees, approximately: 1,400
Revenue in 2021: 5,999 million SEK
Head of Ruukki Construction: Sami Eronen
Operations in 10 countries
Ruukki Construction offers sustainable building products and services such as roofs, envelopes and frame structures. Core business segments are non-residential and residential construction. Ruukki Construction has operations in 10 countries and production units are in Finland, Poland, Sweden, Estonia, Lithuania and Ukraine. Ruukki’s customers are active in construction and real estate sectors.
Environmentally-aware construction has become normal practice. Alongside environmental awareness, customers’ requirements include the construction of high-quality, healthy buildings. Ruukki is responding to evolving requirements by offering customers the best products and solutions to promote sustainability. Examples of this include increasingly more energy-efficient panels and the Ruukki Life panel, which is mostly made from recycled material which cuts carbon dioxide emissions originating in production by as much as 20%.
Market position
Ruukki Construction has a strong market position in residential and non-residential construction in Finland, Scandinavia, the Baltic states, Poland, the Czech Republic and Slovakia, which are Ruukki’s key geographical market areas.
Demand drivers and trends
Construction business cycles impact greatly on demand in Ruukki Construction’s market area. Recent years have seen strong demand in the construction markets in the Nordic countries and in Europe, but growth is now gradually plateauing. Alongside this, demand and the markets are being driven strongly by trends such as digitalization, consumer behavior, urbanization and sustainable construction.
Strengths
- Recognized brand with focus on product and service innovations
- Reliability with high-quality and certified products as well as extensive warranties
- Strong know-how in steel-based building products
Strategy
During the past few years, Ruukki Construction has created a solid foundation to achieve sustainable growth with customers in the core business areas - Roofing and Building Envelopes in the Nordics, Baltics and CEE.
Ruukki Construction’s goal is to offer complete steel-based roofing and building envelope solutions for buildings. This includes product deliveries, design and technical support, with SSAB as the main steel supplier. Ruukki Construction focuses on outperforming construction market growth, both organically as well as by acquisitions to strengthen the offering in prioritized segments and markets.
CASE
Ruukki Construction delivered Liberta rainscreen panels for the Lyckeskolan school building in Mark Municipality in Sweden. The municipality’s and architect’s aims for an impressive, bold and inviting main entrance to the building became a reality thanks to Ruukki’s products and know-how, together with the goal-oriented cooperation of all stakeholders involved in the project.
Strategic focus areas and targets
- Outperform the general construction market growth in core markets
- Reduce unit costs through continuous improvement
- EBITDA margin exceeding 10% in 2022
Customers and end-users
Core business segments:
- Non-residential construction
- Residential construction
- Industrial construction
Ruukki Construction’s customers operate in many activities in real estate and construction. The most important decision groups are:
- Architects and structural designers
- Main contractors and installation companies
- Real estate owners and developers
- Residential roofing dealers and tin smiths
- House owners
Products and services
- Steel roofs, rainwater systems and accessories for residential construction
- Components such as sandwich panels, load-bearing sheets and façade claddings for non-residential construction
- Frame solutions used in non-residential buildings
- Bridges
- Design and installation services
Ruukki Construction has production units in Finland, Poland, Lithuania, Sweden, Estonia and Ukraine. Ruukki Construction’s major steel supplier is SSAB Europe. There are also external steel suppliers, mainly in CEE. Competitiveness is secured by market level pricing from all suppliers.
Competitors
Steel-based building product suppliers such as Kingspan, Lindab and Areco.