Hiab Oyj (Hiab) is a company that specializes in smart and sustainable on-road load handling solutions. It develops and manufactures a wide range of equipment, including cranes, tail lifts, and truck-mounted forklifts, serving industries such as waste and recycling, defense logistics, construction, retail, forestry, agriculture, rail, wind, special logistics, and infrastructure.

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Hiab actively invests in research and development to pioneer industry-leading technologies that drive operational excellence and sustainable value. Through these R&D initiatives, the company focused on developing advanced equipment, intelligent services, and connected solutions to enhance sustainability, safety, reliability, and efficiency. Key advancements included the implementation of a streamlined project process for new product developments, the launch of an autonomic driver support system for Multilift hooklifts, and the introduction of several demountable products tailored to specific markets. Additionally, the MOFFETT M8 NX2 truck-mounted forklift was introduced to the EU market, and the JONSERED iZ.18R HD crane was demonstrated in France. A new heavy-duty DEL DST2000 MK2 tail lift was also launched for the UK and Irish markets. In FY2025, the company spent EUR37 million on R&D, which as a percentage of revenue, stood at 2%.