Peikko signs a land leasing agreement in order to increase its operations in the Middle East
Peikko Group Corporation’s sales and production unit in the United Arab Emirates, Peikko Gulf LLC, has signed a land leasing agreement for an industrial plot of approximately 11,500 m2 located in Ras Al Khaimah, UAE for building a new factory and warehouse premises. The agreement was signed on the 3rd of October by Sheikh Ahmad Bin Saqr Al Qasimi, chairman of Ras Al Khaimah Economic Zone (RAKEZ), and Topi Paananen, CEO of Peikko Group Corporation. Peikko’s operations have been steadily growing in the Middle East in the past years and the demand is constantly increasing.