Konecranes is a prominent global leader in providing material handling solutions, dedicated to enhancing safety, productivity, and sustainability across various industries. Founded in 1910 as an electrical motor repair shop, Konecranes has evolved significantly over the decades, primarily through organic growth as well as strategic acquisitions, establishing a comprehensive portfolio that includes the Demag, R&M, SWF Krantechnik, Verlinde, and Donati brands, among others. The company's operations are structured into three main business segments: Service, Industrial Equipment, and Port Solutions, each contributing equally to the overall sales. Konecranes' commitment to customer service is reflected in its specialized maintenance services provided for all types of industrial cranes and hoists, alongside an extensive range of industrial cranes designed for diverse applications, from light duty to heavy process use. Additionally, its Port Solutions segment focuses on innovative equipment and software for the container handling industry.
With a strong emphasis on sustainability, Konecranes aims to balance growth with environmental responsibility, prioritizing the reduction of emissions and the efficient use of resources. The company effectively leverages digitalization and a deep-rooted safety culture in its operations. As of 2023, Konecranes boasts around 16,600 employees in over 50 countries, generating approximately EUR 4.0 billion in sales. By prioritizing innovative research and development, Konecranes continually seeks to create efficient and safer handling solutions that are essential for various sectors, including automotive, paper and forestry, nuclear, and waste-to-energy industries. Konecranes is publicly traded on the Nasdaq Helsinki, underpinning its robust financial performance and commitment to delivering value to its shareholders.
