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Konecranes
Latest News
Fives Expands Machine Tool Services Business Through Acquisition
09 January 2018 - Konecranes has sold its U.S.-based machine tool service unit to industrial engineer Fives for an undisclosed amount, Fives said on Tuesday.
Konecranes Finalizes Terex Deal, Targets EUR140 Million in Synergies
04 January 2017 - Konecranes has closed on its deal to acquire the material handling and port solutions business of U.S.-based Terex Corp., the company has announced.
With Approvals in Hand, Konecranes Plans to Finalize Terex Deal in Early 2017
22 December 2016 - The European Commission has given the green light to a deal in which Finnish crane manufacturer Konecranes plc will sell its hoist and crane components business to an American company. The approval clears the way for Konecranes to finalize the sale of its port solutions and material handling business to U.S.-based Terex Corp.
Kito, Konecranes Ending Alliance, But Not Relationship
26 September 2016 - Japan’s Kito Corp. is dissolving its strategic alliance with Konecranes so that it can bid on Konecranes' hoist and crane components business, which is being divested as part of a separate deal, the companies have announced.
Konecranes Says Its Hoist Business Can Stand on Its Own Financially
24 August 2016 - Had it been a stand-alone entity, Konecranes’ STAHL CraneSystems business would have posted earnings of EUR30 million before interest, taxes, depreciation and amortization in 2015, the company said on Thursday.
Regulators OK Sale of Terex Material Handling Division
09 August 2016 - European and U.S. regulators have approved the proposed sale of Terex Corp.’s material handling and port solutions business to Finland’s Konecranes, the companies have announced.
Crane Manufacturer Names New CEO
31 July 2015 - Panu Routila has been appointed president and CEO of Konecranes Plc. and is to begin his new duties sometime by the end of the year, the Finnish crane and hoist manufacturer has announced.
Konecranes Receives Order for Two Large Heavy-Duty Cranes From SSAB Europe
13 July 2015 - Konecranes received an order for two heavy-duty industrial cranes from SSAB Europe in May 2015.
Konecranes PLC - Interim Report January–March 2015
01 May 2015 - Strong order intake, service result continued to improve,equipment result weak.
Konecranes PLC’s President and CEO Pekka Lundmark to Leave the Company
02 April 2015 - President and CEO Pekka Lundmark has decided to leave Konecranes to pursue his career outside the company. The Board of Directors of Konecranes Plc will immediately start the search of a new President and CEO.
Konecranes Training Institute Promotes Safety With Rigging Fundamentals Course
18 February 2015 - Konecranes Training Institute aims to reduce crane accidents through education
Konecranes Safety Training Addresses Revised ASME Requirements for Overhead Cranes
14 November 2014 - Overhead crane manufacturer Konecranes upholds its position as a global leader by promoting occupational health and safety excellence, both in the advanced design of its equipment and by providing the crane safety training its customers need.
Konecranes Makes Apprenticeship Rally Cry
11 November 2014 - Leading lifting equipment specialist, Konecranes, is aiming to make its voice heard when it comes to promoting the need for continued advancements in apprenticeship provision in the UK.
Konecranes Appoints New Chief Digital Officer
10 September 2014 - Juha Pankakoski has been appointed chief digital officer of Konecranes Plc.
Konecranes Canada Announces New Technician Training Center in Burlington, Ontario
27 May 2014 - Konecranes, a leading global manufacturer of lifting technology, announced a new technician training center at its recently relocated headquarters in Burlington, Ont., Canada.
Konecranes to Feature Heavy Lifting Technologies at AISTech
02 May 2014 - Konecranes, a leading global manufacturer of lifting technology, will be highlighting its complete range of steel industry offerings at AISTech, the Iron & Steel Technology Conference and Exposition, which will be held 5–8 May 2014 at the Indiana Convention Center, Indianapolis, Ind., Booth #937.
Konecranes Appoints New Executive Vice President, Head of Business Area Equipment
14 April 2014 - Ryan Flynn is returning to Konecranes Plc and has been appointed executive vice president and head of Business Area Equipment.
Konecranes Announces Change to Head of Equipment Business
25 December 2013 - Hannu Rusanen, currently executive vice president and head of Business Area Equipment, has announced that he is leaving Konecranes to pursue other interests.
Konecranes Starts Statutory Negotations in Finland to Reduce Costs
12 August 2013 - Konecranes has begun new measures to reduce the company’s annual cost base by € 30 million by the end of 2014 and has begun statutory negotiations in Finland regarding possible temporary and permanent layoffs.
Konecranes Reports Satisfactory Order Intake But Lower Operating Profit in Second Quarter
26 July 2013 - As it reported its second quarter earnings results, Konecranes said demand is expected to be stable or slightly lower compared to the second quarter of 2013. However, due to the timing of large crane projects, the quarterly Equipment order intake may fluctuate.
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