Ruukki Delivers the Steel Structures for the Largest Shopping Centre in Scandinavia

HELSINKI, June 1, 2012 /PRNewswire/ --

Ruukki has signed a contract to design, manufacture and install the steel structures for the largest shopping centre in Scandinavia. The contract is worth over EUR 30 million. When completed in Solna, near Stockholm in 2015, the Mall of Scandinavia will be the largest shopping centre in Scandinavia and will consist of a total of around 300,000 square metres spread across 7 storeys. Friends Arena (formerly known as Swedbank Arena), for which Ruukki has also delivered the steel structures, will be completed in autumn 2012 in the same area.

"Mall of Scandinavia is Peab's largest contract ever and we will deliver a mall far beyond the ordinary to our customer, Unibail-Rodamco. Ruukki and Strängbetong were the entrepreneurs who showed us that together they had adequate resources and technical expertise for the assignment. We appreciate the same commitment and desire to work towards "A clean site is a Safe site" principle as Ruukki demonstrated in our previous project of Stockholm Waterfront," says Claes Ullén, Peab Construction Manager, Mall of Scandinavia.

Mall of Scandinavia is being built for Unibail-Rodamco. The main contractor is the Swedish company Peab Sverige AB, to which Ruukki and the Swedish company Strängbetong will make the frame deliveries together.

"The steel structures to be delivered by Ruukki are an important part of the entire building. This is the largest single frame structure contract in Sweden in Ruukki's history. Ruukki's strengths are project management expertise at large sites, optimised design and building solutions together with long-standing cooperation with key actors. This type of project is our core expertise and we have plenty of experience of large commercial construction projects," says Sami Eronen, SVP Building Projects, Ruukki Construction.

Deliveries will begin in September this year and installation work is scheduled for completion in September 2014. The entire building will be completed in autumn 2015.

Ruukki provides its customers with energy-efficient steel solutions for better living, working and moving. Ruukki operates in some 30 countries and employs around 11,800 people. Net sales in 2011 totalled EUR 2.8 billion. The company's share is quoted on NASDAQ OMX Helsinki (Rautaruukki Oyj: RTRKS).

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