Konecranes

As announced on 10 June 2022, Anders Svensson has been appointed as Konecranes’ new president and CEO. He will assume his role on October 19, 2022, approximately one and a half months earlier than previously communicated.   Konecranes had planned to host a Capital Markets Day in the autumn 2022. As Anders Svensson joins the […]

Kemi Shipping Oy, owned by Finnish Metsä Group, has ordered eight Konecranes E-VER fully electric forklifts including full service contracts for their operations in the Port of Kemi. Having been impressed with the E-VER that was delivered early in 2022, the Finnish logistics company is strengthening operations with an additional order, which will be delivered […]

Konecranes Plc has appointed Anders Svensson as its new president and CEO. Anders Svensson will assume his role at the latest on 7 December 2022. Anders Svensson joins Konecranes from Sandvik, where he is currently president of the Sandvik Rock Processing Solutions Business Area. Prior to his current role, he has held various leadership positions […]

In a statement that condemns the war in Ukraine, Konecranes says, “We are saddened and upset by the war and deeply concerned for our over 400 Ukrainian employees and their families. Their safety and well-being are number one priority for Konecranes as a company, and the Konecranes community is supporting them and their compatriots through […]

The UK Competition & Markets Authority (CMA) has blocked the merger between Konecranes and Cargotec. According to the CMA’s final report issued today, the remedies – which would have removed all overlapping businesses of the two companies and were accepted by the European Commission (EC) – would not be effective in addressing the CMA’s concerns […]

The European Commission has conditionally approved the planned merger between Cargotec and Konecranes. The approval, which follows the Commission’s extensive investigation and widespread consultation with market participants across Europe, is conditional on the divestment of Konecranes’ Lift Truck business and Cargotec’s Kalmar Automation Solutions.  Konecranes’ Lift Truck business includes its business for the manufacturing and […]

Cargotec and Konecranes have continued their dialogue and cooperation with relevant competition authorities to find satisfactory ways to mitigate concerns raised by the competition authorities to secure approvals to complete the merger of Cargotec and Konecranes. Based on ongoing dialogue with the authorities the remedy requirements are more complex than expected. Cargotec and Konecranes have […]

The latest climate research proves an urgent need to cut emissions in order to limit global warming to 1.5°C. Konecranes wants to be a part of the solution and has announced new climate targets that will target emissions in both its own operations and its value chain. The new targets support Konecranes’ efforts to cut […]

Konecranes is partnering with Pesmel to supply automated warehouse container handling technology with the aim of revolutionising material handling in logistics hubs and distribution centres. Konecranes and Pesmel signed a Memorandum of Understanding on 25 November 2021, to provide the globally available new solution under the Konecranes brand. The solution will handle containers fully automatically […]

Konecranes and Cargotec have submitted commitments to the European Commission to satisfy competition concerns related to the companies’ merger. Konecranes and Cargotec have continued an active dialogue and cooperation with the relevant competition authorities and have been considering ways to mitigate the concerns raised by the competition authorities to secure approvals to complete their merger. […]