Peikko Group Explained

Peikko Group Corporation
Type:Limited company
Founder:Jalo Paananen
Area Served:Worldwide
Key People:Philippe Jost
Topi Paananen
Industry:Manufacturing
Products:Slim Floor Structures, connections for concrete construction
Revenue:240 M € (2021)[1]
Num Employees:Over 2,000 [2]
Subsid:Over 30 subsidiaries worldwide
Foundation:1965 Teräspeikko (Lahti, Finland)
Location City:Lahti
Location Country:Finland
Homepage:www.peikko.com

Peikko Group Corporation is a Finnish supplier of Slim Floor Structures,[3] Wind Energy Applications and Connection Technology for Precast and Cast-in-situ. Peikko is a family-owned and run company with over 2,000 employees. Peikko was founded in 1965 and is headquartered in Lahti, Finland.

Peikko has subsidiaries in over 30 countries in Asia-Pacific, Europe, Africa, the Middle East and North America, with certified manufacturing operations in 12 countries. Peikko's turnover in 2021 is EUR 240 million.[4]

Products

Peikko's product range consists of concrete connections for precast construction, concrete connections for cast-in-situ construction, composite beams and frame structures enabling slim floor structures, flooring products, and wind turbine foundation technology.

History

Founded in Finland, Northern Europe, in 1965 by Mr. Jalo Paananen under the name Teräspeikko. The company is now owned and managed by the second and third generation of the family. Peikko's first product was a diagonal tie used in sandwich wall elements. Even today the product is a part of Peikko's product portfolio.

The first steps of internationalization were taken in 1990's when establishing sales offices to Germany (1997), Norway (1999) and Sweden (2001). Today Peikko operates in over 30 countries worldwide.

The original name of the company "Teräspeikko" means Steel Troll in English. It resembles a Finnish, humorous view of a troll (peikko), a creature very common in Finnish fairy tales, living in forests. The company name was shortened to Peikko in 2005 due to the increase in international operations

Sources

Notes and References

  1. Web site: Peikko Group in 2020: Turnover EUR 239 million.
  2. Web site: Peikko in Brief.
  3. Web site: DELTABEAM Slim Floor Structures.
  4. Web site: Peikko Group in 2020: Turnover EUR 239 million. www.peikko.com. en. 2020-05-31.