Shaping next generation material handling for a smarter, safer and better world
Konecranes is a global leader in material handling solutions, serving a broad range of customers across multiple industries. We consistently set the industry benchmark, from everyday improvements to the breakthroughs at moments that matter most, because we know we can always find a safer, more productive and sustainable way. That’s why, with around 16,600 professionals in over 50 countries, Konecranes is trusted every day to lift, handle and move what the world needs. In 2023, Group sales totalled EUR 4.0 billion. Konecranes shares are listed on Nasdaq Helsinki (symbol: KCR).
Key figures
3,999.6
Orders received in 2024, MEUR4,227.0
Net sales in 2024, MEUR13.1
Comparable EBITA-% in 202416,700
Employees worldwide
Global footprint
While much of Konecranes’ growth has been organic, the company has also a strong acquisition track record. Konecranes has acquired almost 100 companies over the last 40 years – since the beginning of its internationalization in the early 1970’s – expanding its operations for instance in Asia.
As Konecranes has expanded its operations, its business has become increasingly international in scope. Today, our products are being manufactured in all continents in our own factories, as well as through global subcontractor networks, and sold worldwide.
Business Areas
Our business is divided into three Business Areas - Industrial Service, Industrial Equipment and Port Solutions - each contributing approximately one third of Group sales.
Industrial Service: Konecranes Service provides specialized maintenance services and spare parts for all types and makes of industrial cranes and hoists, from a single piece of equipment to entire operations. Our objective is to improve the safety and productivity of our customers’ operations.
Industrial Equipment: Konecranes Industrial Equipment provides an extensive range of industrial cranes, from components and light duty applications to demanding process use and solutions - serving general manufacturing and various process industries. We are the world’s largest supplier of industrial cranes and wire rope hoists and a technology leader with digital controls, software and automation.
Port Solutions: Konecranes Port Solutions provides equipment, software and service for the container handling industry. Our mission is to provide the world's best container handling solutions and we're leading the way with technology, process understanding and service commitment.
Great building blocks for creating further shareholder value
- Focused global leader in industrial lifting and port solutions, divided into three business segments: Service, Industrial Equipment and Port Solutions
- Unparalleled service offering on a much wider scale than ever before
- A truly global footprint, so we can serve our customers globally
- Strong basis for future technology development and continued dedication to R&D
- Scale benefits and efficiencies that will allow us to become world-class
- Modern IT infrastructure to be leveraged, improving our processes worldwide
Megatrends driving our business
The immediate demand for Konecranes’ products and services is driven by market conditions in the manufacturing industry (including general manufacturing, metal production, power generation, automotive, pulp and paper, raw materials, and chemical industries, and container transportation industry).
Customers generally invest in new equipment either to expand capacity or replace old equipment.
While the investment in new lifting equipment is cyclical and varies across different industries, we have identified the following megatrends that shape our markets and provide business opportunities: Sustainability, Digitalization and automation, and Geopolitics and macroeconomics.
