Peikko acquires an engineering company to build up a larger internal engineering team in Vilnius, Lithuania
Peikko Group Corporation has purchased the structural engineering company ASD Konstrukcijos in the city of Vilnius, Lithuania. ASD Konstrukcijos has a team of six structural designers. Peikko plans to utilize the team as a platform to build a larger engineering team in Vilnius to serve Peikko’s project sales. Peikko has co-operated with ASD Konstrukcijos for already many years. To link the ASD Project team to become an integral part of Peikko’s operations made sense for both parties. Peikko’s medium-term goal is to grow the Vilnius team to have 10–15 structural engineers.