Changes at Peikko

Group announced new CEO and started manufacturing in UAE

Al Rashed Peikko LLC, a 50-50 joint venture of Peikko Group Oy of Finland and Rashed Al Rashed & Sons Group of Saudi Arabia, was founded in summer 2008 with the objective of production and sales of various products of Peikko Group in the Gulf Area. During the past 1.5 years the company has started its activities and developed a customer base particularly in the pre-cast segment. Meanwhile Topi Paananen who sees big potentials in Arabian markets has been announced as CEO of the Group.

During late fall 2009 Al Rashed Peikko LLC started manufacturing activities in Ras Al Khaimah (RAK), an emirate in the northern part of the United Arab Emirates (UAE). The location was selected due to closeness to subcontractors as well as due to immediate availability of a suitable factory premises. Operations in Al Khobar, Saudi Arabia continue to be developed with regards to warehousing and certain manufacturing functions.

“Peikko Group is confidently continuing its growth in the Middle East. We see particularly the Saudi market growing this year. Peikko is also proud to deliver...

Related articles:

Issue 2012-03

Peikko: Investment in Middle East Operations

Peikko, a leading global supplier of fastening products for concrete connections and composite beams, has made an agreement with its major subcontractor in the Gulf area. According to the agreement a...

more
Issue 2021-04 PEIKKO

Peikko starts manufacturing activities in Turkey

Peikko Group’s team in Turkey, Peikko Yap? Malzemeleri Sanayi ve Ticaret A.S, has started the first steps of manufacturing in a newly established premises in the city of Izmit. Peikko has had its own...

more

Lasse Puoskari has been appointed CIO and member of the Management Team at Peikko Group

Lasse Puoskari has been appointed Chief Information Officer (CIO) and a member of the Management Team of Peikko Group as of August 1, 2022. He will report directly to the CEO Topi Paananen. Puoskari...

more
Issue 2010-11 Peikko and AVI to Co-operate for Product Launch

Balcony Connector System for Northern Europe

The Niro Balcony connector is a heat insulating, load bearing connection element between structural parts of reinforced concrete. It is used to improve heat insulation of cantilever reinforced...

more

Peikko to acquire Kemecweld, welding automation technology provider

Peikko Group Corporation has agreed to acquire 100% ownership of Kemecweld Oy, a Finnish company providing manufacturing technology and various welding automation solutions. Kemecweld is based in...

more