Konecranes

On 1 October 2020, Konecranes Plc (“Konecranes”) and Cargotec Corporation (“Cargotec”) announced that the companies had signed a combination agreement and planned to combine through a merger, subject to regulatory and other approvals (the “Transaction”). Konecranes and Cargotec confirm that they have filed for approval in many of the jurisdictions where the transaction requires regulatory […]

Konecranes has been testing the use of HVO100 fossil-free fuel in lift trucks at its Swedish factory. This is part of ongoing efforts to reduce its climate impact and meet customer demand for equipment using renewable fuels. Demand for fossil-free fuel is growing as lift truck owners seek to reduce emissions and, in certain environments, […]

Konecranes has won an order with Tbhawt Manufacturing in Estonia for 17 S-series overhead cranes and two CXTD wire rope hoist cranes. The order, for Konecranes’ synthetic rope crane was booked in February 2021. Tbhawt Manufacturing produces eco-friendly and affordable products including wind turbines. Precision is critically important in the work and Tbhawt Manufacturing turned […]

Konecranes has won a multi-year service contract with international mining and minerals group LKAB for the maintenance of some 1600 assets across four sites in northern Sweden and the Arctic Circle. Konecranes won the deal thanks to its proven technology and ability to enhance customer safety and productivity, even under the most challenging of conditions. […]

Konecranes has received recognition for its ambitious climate work, receiving an A-rating in the CDP’s climate programme and a Leadership ranking (A or A-). The measurement is based on the company’s 2019 disclosure about its actions in the last reporting year to cut emissions, mitigate climate risks and develop the low-carbon economy. CDP is an […]

Topi Tiitola  has been appointed senior vice president of Integration and Project Management Office and a member of the Konecranes leadership team. In his role Tiitola will be responsible for business integration and transformation projects. He will report to Rob Smith, president and CEO. Tiitola starts in his new position on 1 November 2020. Consequently, […]

Cargotec and Konecranes have announced that they have signed an agreement and a merger plan to combine the two companies. It is anticipated that the merged companies will be well positioned to lead the industry shift towards increased sustainability based on intelligent solutions, by being a lifecycle partner for its customers and prioritising safety in […]

In the second quarter of 2020, Piattaforma Logistica Trieste SrL (PLT) ordered an eco-efficient Konecranes Gottwald Mobile Harbour Crane for a new terminal in the Port of Trieste in north eastern Italy. After delivery in September and commissioning in October, the crane will handle containers, general cargo and heavy project cargo. PLT is a partnership […]

Konecranes’ S-series cranes and C-series hoists have been recognised by Design Forum Finland, winning the 2020 Fennia IPR Excellence prize for the protection of intellectual property rights and with the S-series earning an honourable mention for the top design award. Tatu Piispanen, senior industrial designer at Konecranes said, “Besides bringing game-changing technological innovations to the […]

Konecranes reports that its order intake in the first quarter (Q1) of 2020 (January – March) reached €737 million that is a 13.1% fall on the same quarter last year. Orders declined in the Industrial Equipment and Port Solutions business sectors, partly offset by growth in the Service business sector. Excluding MHE-Demag, order intake declined […]