Corporate Governance

In its decision-making and corporate governance, our parent company abides by the Finnish Companies Act, the Securities Markets Act, Nasdaq Helsinki Ltd’s rules, other regulations concerning publicly listed companies and the Articles of Association. Raute Corporation’s Board of Directors has also approved the Code of Conduct which explains to personnel, partners and other stakeholders what Raute's demands and expectations are in terms of responsible and ethical operations.

Raute Group’s parent company is the Finnish public limited liability company Raute Corporation, which was established in 1908. Our Finnish units include our head office and main production unit in Nastola, Lahti and a production and development unit specializing in machine vision and moisture analyzing technology in Kajaani. The Group also includes eight foreign subsidiaries. Our production units are located in the Vancouver area of Canada, the Changzhou area of China and in Pullman, Washington, USA. In order to further strengthen our local performance services closer to customers, we are also continuously developing our service network. Our agent network and local service centers are located close to our customers.

Our Group’s most important identified risks relate to the nature of the project business, geopolitical and macroeconomic conditions, human resources, information security, financing, and damage or loss. According to our analysis, the most significant risks facing the Group at the moment are fluctuations in investment demand resulting from the developments of the global economy and geopolitics, risk related to renewal of the group’s information technology systems, retention of key people, refinancing and liquidity risk and cyber security risk.

Raute complies with the Finnish Corporate Governance Code 2025 for listed companies issued by the Securities Market Association on January 1, 2025. 

Raute's day-to-day management is the responsibility of the Board of Directors and the President and CEO. The other management (other Executive Board members) assists the President and CEO in his duties. The Board of Directors oversees compliance with Raute's Corporate Governance principles.