Konecranes

Konecranes president and CEO Rob Smith has decided to leave the company. He will leave Konecranes on 31 December 2021. The company’s CFO, Teo Ottola, who also serves as deputy CEO, will be acting as the interim CEO from 1 January 2022 until the completion of the planned merger between Konecranes and Cargotec Corporation (the […]

Konecranes has reported its fourth consecutive quarter of record profitability, powered by solid sales growth and high performance across the whole organisation. Strong orders in the first half of the year, together with continuing traction from strategic initiatives have given Konecranes good momentum for the latter half of the year. President and CEO Rob Smith […]

On 1 October 2020, Konecranes Plc (“Konecranes”) and Cargotec Corporation (“Cargotec”) announced that the companies had signed a combination agreement and planned to combine through a merger, subject to regulatory and other approvals (the “Transaction”). Konecranes and Cargotec confirm that they have filed for approval in many of the jurisdictions where the transaction requires regulatory […]

Konecranes has been testing the use of HVO100 fossil-free fuel in lift trucks at its Swedish factory. This is part of ongoing efforts to reduce its climate impact and meet customer demand for equipment using renewable fuels. Demand for fossil-free fuel is growing as lift truck owners seek to reduce emissions and, in certain environments, […]

Konecranes has won an order with Tbhawt Manufacturing in Estonia for 17 S-series overhead cranes and two CXTD wire rope hoist cranes. The order, for Konecranes’ synthetic rope crane was booked in February 2021. Tbhawt Manufacturing produces eco-friendly and affordable products including wind turbines. Precision is critically important in the work and Tbhawt Manufacturing turned […]

Konecranes has won a multi-year service contract with international mining and minerals group LKAB for the maintenance of some 1600 assets across four sites in northern Sweden and the Arctic Circle. Konecranes won the deal thanks to its proven technology and ability to enhance customer safety and productivity, even under the most challenging of conditions. […]

Konecranes has received recognition for its ambitious climate work, receiving an A-rating in the CDP’s climate programme and a Leadership ranking (A or A-). The measurement is based on the company’s 2019 disclosure about its actions in the last reporting year to cut emissions, mitigate climate risks and develop the low-carbon economy. CDP is an […]

Topi Tiitola  has been appointed senior vice president of Integration and Project Management Office and a member of the Konecranes leadership team. In his role Tiitola will be responsible for business integration and transformation projects. He will report to Rob Smith, president and CEO. Tiitola starts in his new position on 1 November 2020. Consequently, […]

Cargotec and Konecranes have announced that they have signed an agreement and a merger plan to combine the two companies. It is anticipated that the merged companies will be well positioned to lead the industry shift towards increased sustainability based on intelligent solutions, by being a lifecycle partner for its customers and prioritising safety in […]

In the second quarter of 2020, Piattaforma Logistica Trieste SrL (PLT) ordered an eco-efficient Konecranes Gottwald Mobile Harbour Crane for a new terminal in the Port of Trieste in north eastern Italy. After delivery in September and commissioning in October, the crane will handle containers, general cargo and heavy project cargo. PLT is a partnership […]