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Peikko and ENERCON to expand their cooperation

Press release 4.5.2011

Peikko has agreed with ENERCON, a company specializing in wind turbine manufacturing, to deliver large quantities of connector items to wind turbine precast concrete towers. ENERCON is one of the leading wind turbine manufacturers and has more than 17.000 installed wind turbines in more than 30 countries. ENERCON is currently also one of the world's leading companies in the segment of precast wind turbine towers. It is likely that there will be more precast concrete used in the future when the height of the towers and size of the turbines are increasing.

The Peikko products delivered to ENERCON are currently produced at Peikko's factory in Waldeck, Germany. In future Peikko is also able to serve ENERCON's North American operations directly from Peikko's factory situated in Quebec City, Canada.

"Peikko started to focus on the Wind Energy sector with dedicated resources for both R&D and sales in 2009. We are honored to have started already now co-operation with one of the industry's leading companies. ENERCON is likely to be among the TOP 5 customers of Peikko during 2011", states Topi Paananen, CEO of Peikko Group Corporation.

Further information:

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

Peikko Group Corporation is a Finnish family-owned company specializing in composite beams and fastening products for concrete connections. Peikko Group has subsidiaries in Austria, Canada, China, the Czech Republic, Denmark, Estonia, Finland, France, Germany, Greece, Italy, Latvia, Lithuania, the Netherlands, Norway, Poland, Russia, Saudi Arabia, Slovakia, Spain, Sweden, Switzerland, Turkey, Ukraine, the United Arab Emirates and the United Kingdom. The production facilities of Peikko are located in China, Finland, Germany, Lithuania, Russia, Slovakia, United Arab Emirates, and the United Kingdom. Peikko employs more than 700 people. Further information: www.peikko.com