Peikko Gulf LLC will increase its manufacturing capacities by 30-40% in its Ras Al Khaimah, United Arab Emirates location. The expansion includes a long-term leasing of an 11,000 m2 adjacent land plot, an expansion of the existing factory buildings, and several new machineries. The expansion is estimated to be fully operational during Q3/2024.
Peikko Gulf manufactures in Ras Al Khaimah both precast connections and DELTABEAM® Composite Beams with its staff of some 100 persons. Peikko’s offering in the Middle East is unique, and with opportunities given by the expanded facilities, the company can meet customers’ tight delivery time requirements and provide solid technical support from the modern offices.
“Peikko’s presence in the Middle East area goes back more than fifteen years. This new increase in our capacities is a logical step to go forward to serving our customers, even on larger projects. We are also thankful for RAKEZ (Ras Al Khaimah Economic Zone) for their fantastic cooperation with the land plot”, says Radovan Endel, General Manager, Peikko Gulf LLC.
“We have a great team in the Middle East, and it has shown its capabilities to grow. Together with our partner Al Rashed we are happy to put even more effort into our unit”, says Topi Paananen, CEO of Peikko Group Corporation.
Further information:
Topi Paananen, CEO, Peikko Group Corporation
Mobile: +358 50 384 3001, email [email protected]
Radovan Endel, General Manager, Peikko Gulf LLC
Mobile: +971 50 279 2215, email [email protected]
Peikko Group in brief
Peikko Group Corporation is a leading global supplier of slim floor structures and connection technology for precast and cast-in-situ construction. Peikko’s innovative solutions offer a faster, safer, and more efficient way to design and build. Peikko has sales offices in over 30 countries in Asia-Pacific, Europe, Africa, the Middle East, and North America, with manufacturing operations in 12 countries. Peikko generated a turnover of EUR 262 million in 2023. Peikko is a family-owned and managed company that employs over 2,000 professionals. Peikko was founded in 1965 and is headquartered in Lahti, Finland. Further information: www.peikko.com.
Peikko Gulf LLC in brief
Peikko Gulf LLC was established in 2008 and is owned by Al Rashed Peikko LLC. Al Rashed Peikko LLC is a joint venture between Peikko Group Corporation and Rashed Abdul Rahman Al Rashed & Sons Group, the leading investment, trading, and industrial conglomerate in Saudi Arabia.