Peikko Gulf LLC is investing up to €3 million (AED 13 million) to significantly expand its manufacturing facility in Ras Al Khaimah, the United Arab Emirates, adding 2,000 m² of new production space and state-of-the-art machinery to meet rapidly growing regional demand for innovative construction solutions. The expansion of Peikko Gulf LLC is expected to be fully operational starting in Q2 / 2026.
The expansion comes as the UAE and broader Middle East experience a construction boom driven by population growth, economic diversification initiatives, and major infrastructure investments. The investment will significantly increase manufacturing capacity for DELTABEAM® Composite Beams, innovative steel-concrete hybrid beams that enable slim floor construction with wide open spaces. Peikko's DELTABEAM® technology offers particular advantages, enabling faster construction schedules and more efficient building designs with reduced material usage.
"I'm delighted to see our DELTABEAM® solution gaining such strong traction in the Middle East market," comments Topi Paananen, CEO of Peikko Group Corporation. "This expansion represents our commitment to supporting the region's construction industry transformation while building our local market presence."
Currently employing around 200 people with an annual revenue of close to €30 million (AED 130 million), Peikko Gulf serves customers across the Middle East from its Ras Al Khaimah facility, which also produces precast connections. The company maintains a sales office in Saudi Arabia to support regional operations.
"The demand for our slim floor solutions has increased dramatically across the region, and this expansion will allow us to significantly reduce delivery times while serving more customers in neighboring countries," says Radovan Endel, General Manager of Peikko Gulf LLC. "The Middle East construction market is experiencing unprecedented growth, with major infrastructure and development projects creating substantial opportunities for innovative building technologies."
Further information:
Topi Paananen, CEO, Peikko Group Corporation
Mobile: +358 50 384 3001, email [email protected]
Radovan Endel, General Manager, Peikko Gulf LLC
Mobile: +971 50 279 2215, email [email protected]
Peikko Group in brief
Peikko Group Corporation is a leading global supplier of slim floor structures and connection technology for concrete construction. Our innovative solutions offer a faster, safer, and more sustainable way to design and build. Peikko has sales offices in over 30 countries worldwide, with manufacturing operations in more than 10 countries. We are a family-owned company that employs about 2,000 professionals. Peikko was founded in 1965 and is headquartered in Finland. In 2024, the company generated a turnover of EUR 232 million.
Further information: www.peikko.com.
Peikko Gulf LLC in brief
Peikko Gulf LLC was established in 2008 and is owned by Al Rashed Peikko LLC. Al Rashed Peikko LLC is a joint venture between Peikko Group Corporation and Rashed Abdul Rahman Al Rashed & Sons Group, the leading investment, trading, and industrial conglomerate in Saudi Arabia.