Raute Corporation, Inside information, May 7, 2026, at 8:10 a.m. EEST
Inside information: Raute to initiate change negotiations on possible temporary layoffs up to 90 days in Finland
Raute Corporation will initiate change negotiations regarding potential temporary layoffs up to 90 days in all Raute Corporation locations in Finland concerning the functions and Services business unit, excluding the unit's installation team, which is already within the scope of the change negotiations that have already been concluded. The change negotiations now being initiated will therefore concern those units and functions that were not previously included in the negotiations.
Global economic and geopolitical uncertainty has further intensified during the first quarter, leading to continued postponement of customers' investment decisions and delayed recovery of Raute's order intake.
The change negotiations will assess how Raute's operations can be adapted to the current and forecasted workload and net sales outlook in order to safeguard the company's profitability and competitiveness. Any potential measures would be temporary in nature.
In total, approximately 140 employees fall within the scope of the negotiations. The potential temporary layoffs would take place during 2026.
FURTHER INFORMATION:
Mika Saariaho, President and CEO, tel. +358 40 154 9393
DISTRIBUTION:
Nasdaq Helsinki Ltd, Main media, www.raute.com
RAUTE IN BRIEF - Making Wood Matter
Raute is the partner to future-proof the wood industry. Our technologies cover different production processes with supporting digital and analytics solutions for engineered wood products. Additionally, we offer a full-scale service concept ranging from spare parts to regular maintenance and modernizations. Our innovative hardware and software solutions are designed to support our customers' efficient consumption of natural resources. In mill-scale projects, Raute is a global market leader both in the plywood and LVL industries. Raute's head office and main production plant is located in Lahti, Finland. The company's other production plants are located in Kajaani, Finland, the Vancouver area of Canada, and in Pullman, WA, USA. Raute's net sales in 2025 were EUR 175.5 million. The Group's headcount at the end of 2025 was 698. More about Raute:www.raute.com.