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Peikko has started legal proceedings in Hungary – Peikko claims that Loschan infringes Peikko’s intellectual property rights

Peikko Group has obtained information that its products, product names and product approvals have been copied. These infringements may lead to safety risks at Hungarian construction sites.

Peikko has started legal proceedings against the Hungarian company Loschan Kft. Peikko appeals to several different sections of the unfair competition and intellectual property legislation in order for Loschan Kft. to stop the copying of Peikko’s products and product names, and its intentional misleading of customers.

“Peikko will defend its intellectual property rights and cares for that also its competitors comply with valid legislation. It is unfortunate, that despite our attempts we have not been able to reach an understanding with Loschan Kft. Starting legal proceedings is now the only way for Peikko to guarantee the safety of concrete connection items in Hungary,“ 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


Distribution:
Main media, Peikko websites


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 Asia-Pacific, Europe, the Middle East, and North America, with manufacturing operations in 9 countries. Peikko’s net sales in 2012 amounted to EUR 113 million. Peikko is a family-owned and run company with over 900 professionals. Peikko was founded in 1965 and is headquartered in Lahti, Finland. Further information: www.peikko.com.