Topi Paananen, CEO of Peikko Group, has been announced as the winner of Finland’s 2020 EY Entrepreneur of the Year competition. He will go on to represent Finland in the EY World Entrepreneur of the Year competition to be held later this year with other winning entrepreneurs attending from more than 50 countries.
The award was presented in the digital event organized on the 15th of January 2021. The global consulting company EY has organized the competition for more than 30 years. The competition aims to award entrepreneurs that give inspiration to others by their vision, leadership, and achievements. This year, 54 companies were participating in the Finnish event.
Topi Paananen has had leadership roles within Peikko since 2005. During these 15 years, the company has grown some 200 MEUR in revenue. 95% of this growth has taken place organically. Peikko has established its own manufacturing operations in 11 countries, as well as own technical support and sales functions in 34 countries that give localized service for Peikko’s end-customers. This long-term development has also included significant investments in research and development, as well as a strong focus on sustainability in construction.
“We are very grateful to receive this recognition. It proves that we as a company are in the right track to serve our customers in the best possible way. This award also belongs to the whole Peikko team which has, particularly in 2020, achieved extraordinary efforts when increasing our business volume and significantly improving our profitability,” comments Topi Paananen, Finland’s 2020 EY Entrepreneur of the Year.
Image material: Peikko Group, EY Entrepreneur of the Year Finland
Topi Paananen, CEO, Peikko Group Corporation
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Peikko Group in brief: Peikko Group Corporation is a leading global supplier of slim floor structures, wind energy applications and connection technology for precast and cast-in-situ construction. 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 231 million in 2019. 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: www.peikko.com.