Konecranes Plc (Konecranes) is a manufacturer of heavy equipment. It manufactures and supplies a range of lifting equipment such as overhead cranes, hoists, lift trucks, container handling equipment, shipyard cranes, bulk handling equipment, workstation lifting products, and industrial cranes and components. The company also provides services such as inspection, preventive and corrective maintenance, modernization, repairs, spare parts supply, and a variety of consultation services. Its serves general manufacturing, forest and paper, construction and engineering, transportation equipment, container handling, power plants, metals and mining, and harbors industries. The company has operations in several countries across Europe, Africa, the Americas, and Asia-Pacific. Konecranes is headquartered in Hyvinkaa, Finland.

Headquarters Finland

Address Pl 661 (Koneenkatu 8), Hyvinkaa, 05801


Telephone 358 2 042711

No of Employees 16,527

Industry Industrial Goods and Machinery

Ticker Symbol & Exchange KCR (HEL)

Revenue (2021) $3.8B 0.2% (2021 vs 2020)

EPS XXX

Net Income (2021) XXX 20.2% (2021 vs 2020)

Market Cap* $2.4B

Net Profit Margin (2021) XXX 20.1% (2021 vs 2020)

* As of and is in US$

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IT Services Contracts

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ICT Spend & Tech Priorities

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Products and Services

Products Services Brands
Overhead Cranes Services Agilon
Hoists Inspections Morris Carne Systems
Lift Trucks Maintenance and Retrofits SWF Krantechnik
XXX XXX XXX
XXX XXX XXX
XXX XXX XXX
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History

History section provides information on new products, mergers, acquisitions, expansions, approvals, and many more key events.

Year Event Description
2022 Contracts/Agreements In October, the company a secured a contract to supply a fleet of 18 automated rail-mounted gantry (ARMG) cranes to London Gateway.
2022 Contracts/Agreements In October, the company received an order from Port Houston for the supply of 26 hybrid rubber tire gantry cranes.
2022 Contracts/Agreements In September, the company secured an order from Spinelli Group for the delivery of a new Generation 6 crane for use at the Spinelli’s terminal in Genoa, north-western Italy.
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Competitor Comparison

Key Parameters Konecranes Plc Cargotec Oyj Palfinger AG Tadano Ltd Haulotte Group SA
Headquarters Finland Finland Austria Japan France
City Hyvinkaa Helsinki Bergheim Takamatsu-Shi Lorette
State/Province - - - Kagawa -
No. of Employees 16,527 11,525 12,135 4,589 1,819
Entity Type Public Public Public Public Public
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Executives
Name Position Board Since Age
Christoph Vitzthum Chairman Executive Board 2016 53
Teo Ottola Deputy Chief Executive Officer; Chief Financial Officer; Chief Executive Officer - Interim Senior Management 2007 53
Sirpa Poitsalo Senior Vice President; General Counsel Senior Management 2016 59
Fabio Fiorino Executive Vice President Senior Management 2012 55
Mika Mahlberg Executive Vice President - Business Area Port Solutions Senior Management 2017 59
Non Dignissim Eros Proin vel Convallis 2022 XX
Non Dignissim Eros Proin vel Convallis 2022 XX
Non Dignissim Eros Proin vel Convallis 2022 XX
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