Peikko purchased factory premises of 25.000 m[2] in Kaunas, Lithuania
Peikko Group has purchased factory premises in Kaunas, Lithuania, located very near to its existing factory premises. The purchased premises are in the "Naglio 4" area and have a manufacturing space of 25.000 m², situated in a plot of more than five hectares. The transaction also included the purchase of equipment, e.g. 20 overhead cranes of various sizes. The seller of the real estate is a company UAB Betonika, part of the Consolis Group. The new facilities give Peikko the opportunity to expand its product range manufactured by the Lithuanian operations. One of the first