Konecranes

Konecranes has received Finland’s prestigious Internationalization Award of the President of the Republic in recognition of its decades-long successful growth and expansion from Hyvinkää, Finland to a presence in over 50 countries. The annual award, which was established in 1967, focuses on criteria including competitiveness, geographic scope of business operations and profitability. The evaluation also […]

The C Steinweg Group has placed an order for a comprehensive overhaul and modernization of one of its Konecranes Gottwald mobile harbour cranes at its headquarters in the Port of Rotterdam, Europe’s largest port. This order, which is rare given the scope and thoroughness of the work, highlights Konecranes’ expertise in extending the service life […]

Konecranes will set net-zero group emission reduction targets in line with the Science Based Targets initiative (SBTi) Net-Zero Standard, complementing its existing near-term target of halving emissions from its own operations as well as its value chain by 2030. Konecranes aims to be the world leader in material handling solutions creating value for everyone and […]

Konecranes has announced that it has signed a EUR 100 million sustainability-linked term loan facility with OP Corporate Bank plc. The facility has a direct link to Konecranes’ sustainability ambitions, with the interest margin tied to two performance indicators: the CO2 reduction of Konecranes’ own operations, and the growth of Konecranes’ eco portfolio sales. Konecranes […]

Konecranes has reported an excellent Q2 with performance strong in all business segments. Order intake remained healthy, and sales grew year-on-year, profitability improved year-on-year, and the company posted an all-time high quarterly comparable EBITA margin of 14.3%. CEO Anders Svensson  said,”The demand environment remained healthy in Q2, although our order intake declined 11.6% year-on-year on […]

Arawak Port Development Limited (APD) has ordered a Konecranes Gottwald ESP.6 mobile harbour crane to add substantial extra capacity to their terminal at the Port of Nassau. This crane will be the first at the port to run on mains power, which means zero emissions during operation. The crane was ordered in Q1 2024 and […]

Konecranes has acquired the business of German crane and service supplier Kocks Kranbau, giving it access to new European and global customers. The value of the purchase, which was closed in April, is not being disclosed. Kocks Kranbau GmbH was established early 2023 following the insolvency of parent company Kocks Ardelt Kranbau GmbH, a well-established […]

Konecranes has appointed Christine George as executive vice president, Corporate Strategy & Business Development, and member of the Konecranes leadership team. She will start at Konecranes on 8 April 2024 and will report to Konecranes’ president and CEO Anders Svensson. George has held various leadership positions in global organisations within strategy, business development, transformation and […]

Konecranes will supply two grab lifter cranes to Elixir Group’s industrial complex in Prahovo, Serbia, to meet the growing energy demands of its chemical industry. The order was booked in December 2023, with deliveries and installation scheduled from October 2024. The project involves the installation of two 17USt cranes that will be positioned within the […]

Konecranes has appointed Minna Aila executive vice president (EVP) of Corporate Affairs & Brand, and member of the Konecranes leadership team. In her role she will be responsible for communications, brand, public affairs and investor relations. She will start at Konecranes on 1 July 2024, and will report to Konecranes’ president and CEO Anders Svensson. […]