Peikko to acquire large factory premises in Romania: manufacturing to start in spring 2019

Peikko Group Corporation has purchased large factory premises and surrounding land areas near Bucharest, the capital of Romania. The seller of the premises is the Romanian subsidiary of SSAB. Peikko plans to start manufacturing activities in the new premises during Q1/2019.

The purchased real estate totals 90,000 m2 containing 30,000 m2 of modern production facilities, accompanied with 60,000 m2 of paved yard for warehousing purposes. The premises were built in 2007 for the manufacture of steel structures. The production halls are equipped with modern overhead cranes and a painting line, which can be directly utilized in Peikko’s planned operations. Sections of the large facilities can be taken into use step-by-step, which enables Peikko to gradually build up the production capacity of the new Romanian unit.

The Romanian capacity will add Peikko’s overall production capacity, and there are no plans to decrease the manufacturing volumes of existing production units. The new Romanian production capacity will primarily serve the increased demand in the Central European markets. The manufacture will start with DELTABEAM® Frame components: DELTABEAM® Composite Beams and composite columns and other steel structures needed in the building frame. Later on, the facilities will enable Peikko to expand the product range to concrete connections technology.

“Peikko needs to build up new capacities to meet the high and increasing demand of its DELTABEAM® Frame solution. The Romanian operations enable us to reach our turnover target of EUR 250 million by year 2020. We are building a highly competent team and a strong manufacturing unit in Romania,” summarizes Topi Paananen, CEO of Peikko Group Corporation.

Further information:

Topi Paananen, CEO, Peikko Group Corporation
mobile: +358 50 384 3001, email: topi.paananen@peikko.com 

Milan Ďurčovič, Managing Director, Peikko Construction Accessories S.r.l., Romania
mobile: + 421 911 969 608, email: milan.durcovic@peikko.com