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Peikko to extend its cooperation with Riga Technical University in Latvia

Peikko Group Corporation has today signed a Memorandum of Understanding with Riga Technical University, RTU. The agreement was facilitated and co-signed with the Investment and Development Agency of Latvia, LIAA. The purpose is to significantly expand the cooperation between Peikko and RTU’s Faculty of Civil Engineering in the coming years. 

RTU is focused on becoming a third-generation university that provides high-quality education, but also conducts advanced research and ensures innovation and technology transfer, practically implementing scientific discoveries. Peikko and RTU aim to cooperate in finding research topics for master’s thesis and Ph.D. work for students of RTU, as well as to facilitate internships within Peikko. The cooperation agreement also includes other activities, such as lectures and building site visits. In addition, the parties intend to later deepen the cooperation in the field of research. 

“We are pleased to extend our cooperation with RTU, a university we already know very well. Peikko has needs for long-term research partners to ensure the continuation of its success. We also aim to attract Latvian engineers to join our Peikko team,” says Topi Paananen, CEO of Peikko Group Corporation. 

“We are extremely happy to start this cooperation with Peikko as it strengthens the RTU international cooperation network and contributes to our research excellence. Our students will have new thesis topics relevant to the industry and paving the way for promising career opportunities. The new agreement also contributes to the initiative of industrial doctor started by the RTU,” says Tālis Juhna, Vice-Rector for Research of RTU. 


Further information:
Topi Paananen, CEO, Peikko Group Corporation, tel: +358 50 384 3001, email: [email protected]

Tālis Juhna, Vice-Rector for Research, RTU, tel: +371 67089415, email: [email protected]

Andris Ozols, Director, LIAA, tel: +371 67039400, email: [email protected]

Peikko Group in brief: Peikko Group Corporation is a leading global supplier of slim floor structures and connection technology for precast and cast-in-situ applications. Peikko’s innovative solutions offer a faster, safer, and more efficient way to design and build. Peikko has sales offices in over 30 countries in Asia-Pacific, Europe, Africa, the Middle East, and North America, with manufacturing operations in eleven countries. Peikko generated a turnover of EUR 225 million in 2018. Peikko is a family-owned and managed company that employs over 1,800 professionals. Peikko was founded in 1965 and is headquartered in Lahti, Finland. Further information:

Peikko has operated in Latvia since 2008 and has more than 20 employees working in its offices in the capital of Latvia, Riga. In Latvia, Peikko not only serves the Latvian clients, but also offers design services for its business of wind turbine foundations. More information:,


Riga Technical University, RTU in brief:

RTU trademark is high quality internationally competitive engineering education based on more than a century-and-a-half old academic traditions appropriate to meet new technological challenges. RTU advances interdisciplinary research for successful implementation of innovations and impact on the national economy and society. 

Investment and Development Agency of Latvia, LIAA in brief:

Subordinated to the Minister for Economics of Latvia, Investment and Development Agency of Latvia (LIAA) aims at increasing export and competitiveness of Latvian companies, facilitating foreign investment and implementing tourism development and innovation policies. Technology transfer and applied innovation projects supported by LIAA are contributing to the development of the entrepreneurship and investment in Latvia.