Konecranes Plc - Company Profile
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Konecranes Plc (Konecranes) is a global manufacturer of heavy equipment. The company's primary activities involve the production and supply of a diverse range of lifting equipment, including overhead cranes, hoists, lift trucks, container handling equipment, shipyard cranes, bulk handling equipment, workstation lifting products, and industrial cranes and components. In addition to manufacturing, Konecranes also offers a variety of services such as inspection, preventive and corrective maintenance, modernization, repairs, and spare parts supply. It 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
Koneenkatu 8, Hyvinge, 05830
Website
www.konecranes.com
Telephone
358 2 042711
No of Employees
16,403
Industry
Industrial Goods and Machinery
Ticker Symbol & Exchange
KCR (HEL)
Revenue (2024)
$4.7B
-0.9%
(2024 vs 2023)
EPS
XYZ
Net Income (2024)
XYZ
8.5%
(2024 vs 2023)
Market Cap*
$7.4B
Net Profit Margin (2024)
XYZ
9.4%
(2024 vs 2023)
* As of and is in US$
Konecranes Plc premium industry data and analytics
Products and Services
| Products | Services | Brands |
|---|---|---|
| Overhead Cranes | Inspections | Agilon |
| Lift Trucks | Maintenance and Retrofits | Morris Carne Systems |
| Hoists | Modernizations | SWF Krantechnik |
| XYZ | XYZ | XYZ |
| XYZ | XYZ | XYZ |
| XYZ | XYZ | XYZ |
History
History section provides information on new products, mergers, acquisitions, expansions, approvals, and many more key events.
| Year | Event | Description |
|---|---|---|
| 2026 | Contracts/Agreements | In July, the company entered into an agreement to acquire a 70% stake in Mitsubishi Electric FA Industrial Products. |
| 2026 | Contracts/Agreements | In July, the company awarded an order to YILPORT Holding for 53 E-Hybrid Rubber-Tired Gantry (RTG) cranes. |
| 2026 | Acquisitions/Mergers/Takeovers | In July, the company acquired the Nuclear and Port Service Businesses of Coapsa Control Sl. |
Competitor Comparison
| Key Parameters | Konecranes Plc | Jungheinrich AG | Palfinger AG | Tadano Ltd | Hiab Oyj |
|---|---|---|---|---|---|
| Headquarters | Finland | Germany | Austria | Japan | Finland |
| City | Hyvinge | Hamburg | Bergheim | Takamatsu | Helsinki |
| State/Province | - | Baden-Wurttemberg | - | Kagawa | - |
| No. of Employees | 16,403 | 20,856 | 12,179 | 5,997 | 5,760 |
| Entity Type | Public | Public | Public | Public | Public |
Key Financial Charts
Sales Growth
Net Income Growth
Executives
| Name | Position | Board | Since | Age |
|---|---|---|---|---|
| Pasi Laine | Chairman | Executive Board | 2024 | 63 |
| Marko Tulokas | President; Chief Executive Officer | Senior Management | 2025 | 54 |
| Teo Ottola | Chief Financial Officer | Senior Management | 2007 | 58 |
| Ulf Liljedahl | Vice Chairman | Executive Board | 2016 | 61 |
| Fabio Fiorino | Business Area President, Industrial Service | Senior Management | 2024 | 58 |
| Non Dignissim Eros | Proin vel | Convallis | 2026 | XY |
| Non Dignissim Eros | Proin vel | Convallis | 2026 | XY |
| Non Dignissim Eros | Proin vel | Convallis | 2026 | XY |
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