Peikko workers welding
 Peikko is doubling down on its production in Lithuania. Image: Peikko
Daily Brief

DAILY BRIEF: Industry expansion, order and acquisition, non-alcoholic beverages

All the daily Finnish business news that works: Peikko Group, Pistesarjat, Metso Outotec and Finnish non-alcoholic beverages make headlines.

Rasmus Hetemäki

11.01.2021

Pistesarjat is acquired by Indutrade, Metso Outotec delivers mining equipment in Russia, Peikko Group expands its operations in Lithuania, and our Five From Finland series dips into the Finnish beverage market. Click on the headlines for more in-depth information about each piece of news.

Pistesarjat joins Indutrade group

Indutrade sign

Sweden-headquartered Indutrade has acquired all the shares in Pistesarjat, a Finnish company with annual sales of approximately nine million euros. Pistesarjat is a technical trading company offering construction and heavy industry companies in Finland heating and frost protection cable systems, fire-resistant cables, and data cable systems sourced from leading global suppliers. The 25-employee company is based in Espoo, Finland. Image: Indutrade

Metso Outotec wins new order in Russia

A mining operation inside a factory building

Metso Outotec will deliver comminution equipment for Nornickel’s refurbishment project at the Talnakh processing plant in Norilsk, Russia. The order is for one SAG mill and two ball mills with a total installed power of 36 megawatts, as well as two pebble crushers. Metso Outotec will also supply spare parts and supervise the installation. The value of the order has not been disclosed. Image: Metso Outotec

Peikko acquires more factory space in Lithuania

A Peikko factory worker welding construction equipment

Peikko Group has purchased 25 000 square metres of new factory space in Kaunas, Lithuania. The Finnish supplier for the construction industry bought the real estate, as well as overhead cranes and other related equipment, from UAB Betonika, part of Consolis Group. The facility is located very close to Peikko’s existing factory and will allow the company to expand its product range in Lithuania, including with balcony connectors and composite beams, as well as move closer to customers. Image: Peikko Group

Five From Finland: Non-alcoholic beverages

Man with a big dog in the wild drinking The Good Guys Kombucha

In our Five From Finland series, we kick off the new year with a look at some non-alcoholic beverages from local producers. The list includes The Good Guys Kombucha, Poikain Pahaat, Jungle Juice Bar, Tähtikuoharit and Nordic Koivu, which are shaking up the beverage market with birch water, kombuchas, non-alcoholic sparkling wine, healthy smoothies and Nordic flavours. Image: The Good Guys Kombucha

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