STEFAN NYSTRÖM APPOINTED TO PEIKKO GROUP’S BOARD OF DIRECTORS

A new member, Mr. Stefan Nyström, M.Sc.(Eng) has been appointed to Peikko Group Corporation’s Board of Directors. Stefan Nyström is Director of Pöyry’s Local Services Unit and also responsible for Pöyry’s Industry Sector’s structural design operations. Pöyry employs globally over 7000 designers. Nyström brings significant knowledge of structural design to the Board of Directors.

At the same time Mr. Risto Vahanen, Chairman of the Board of Vahanen Group, completes his term as a member of Peikko’s Board of Directors. Peikko Group wants to thank Risto Vahanen for his contribution in developing the company during his 6 year Board membership.

All other current Board members continue to serve the Board: Mr. Elmar Paananen, CEO of Troll Capital Oy (Chairman of the Board), Mr. Seppo Rajamäki, Precast Industry Specialist, Mr. Pekka Rantamäki, CEO of Teknos Group, Mr. Risto Räty, Executive Vice President, Building and Construction, Tekla Corporation, and Mr. Jussi Vanhanen, President of the Engineered Materials Business Group at UPM-Kymmene Corporation.

“Structural Designers are one of the most important customer segments for Peikko. We continuously develop new tools for designers enabling faster and easier design. We are very glad to gain significant international structural design knowledge and experience to the Board of Directors”, states Topi Paananen, CEO of Peikko Group Corporation.

Peikko Group in brief:
Peikko Group Corporation is a leading global supplier of concrete connections and composite structures. Peikko’s innovative solutions make the customers’ building process faster, easier and more reliable. Peikko has subsidiaries in 30 countries in China, Europe, the Middle East, and North America, with manufacturing operations in 9 countries. Peikko’s net sales in 2011 were EUR 105 million. Peikko is a family-owned and run company with over 800 professionals. Peikko was founded in 1965 and is headquartered in Lahti, Finland.