{ "schemaVersion": 1, "organisationId": "O-2a5b9b45596648d99a0fcc41fff1631e", "slug": "konecranes", "name": "KONECRANES", "updatedAt": "2026-10-04T14:30:29.403953Z", "sections": [ { "type": "OVERVIEW", "text": "Konecranes is a global industrial material-handling company serving industrial and port customers. Its core business spans crane and hoist equipment and lifecycle services, as well as port and container-handling solutions. [https://investors.konecranes.com/business-areas][https://www.konecranes.com/port-equipment-services] The company is organized around Industrial Service, Industrial Equipment, and Port Solutions. [https://investors.konecranes.com/business-areas]\n\nFor full-year 2025, Konecranes reported net sales of EUR 4,187.8 million and 16,469 employees at year-end. [T5806877] It operates in more than 50 countries, with sales across EMEA, the Americas, and Asia-Pacific. [https://www.konecranes.com/press-releases/konecranes-plcs-annual-report-2025-published] Its strategy describes an ambition to be “the partner of choice for lifting lifecycle value” and to shape “the next generation of material handling for a smarter, safer, and better world.” [https://www.konecranes.com/about/our-strategy] Its history traces back to 1910, and it became independent in 1994. [https://www.konecranes.com/about/history]\n[T5806877][T5806877][https://investors.konecranes.com/business-areas][https://www.konecranes.com/port-equipment-services][https://www.konecranes.com/press-releases/konecranes-plcs-annual-report-2025-published][https://www.konecranes.com/about/our-strategy][https://www.konecranes.com/about/history]", "updatedAt": "2026-10-04T14:30:29.403953Z" }, { "type": "PRODUCTS", "text": "Konecranes’ industrial lifting products include workstation lifting systems, hoists, jib and gantry cranes, rope-hoist overhead cranes, open-winch process cranes, and equipment for hazardous environments. Its CXT overhead crane is specified for capacities up to 80 tonnes, lift heights up to 98.5 m and spans up to 30 m; the S-series covers up to 20 tonnes, with lift heights up to 36 m and spans up to 30 m. The SMARTON built-up crane is available for loads up to 250 tonnes with one trolley or 500 tonnes with two. S-series features include Hook Centering, Snag Prevention and Follow Me. [https://www.konecranes.com/en-us/equipment/overhead-cranes/rope-hoist-cranes/cxt-overhead-cranes][https://www.konecranes.com/equipment/overhead-cranes/rope-hoist-cranes/konecranes-s-series-overhead-crane][https://www.konecranes.com/en-us/industrial-cranes/overhead-cranes/built-up-hoist-cranes/smarton-built-up-hoist-crane] Process equipment includes M-series open-winch cranes listed in capacities from 6.3 to 63 tonnes, while nuclear offerings include cask- and fuel-handling equipment, polar cranes and hoists, with options such as single-failure-proof and seismic features. Agilon is a modular automated storage and retrieval system for small parts, tools and spares, with robotic retrieval, inventory visibility and ERP/WMS integration. [https://www.konecranes.com/equipment/overhead-cranes/open-winch-cranes][https://www.konecranes.com/en-us/industries/nuclear/nuclear-equipment][https://www.konecranes.com/industries/nuclear/nuclear-equipment/nuclear-polar-cranes][https://www.konecranes.com/warehouse-automation/agilon-automated-storage-and-retrieval-system]\n\nPort equipment includes ship-to-shore and yard cranes, lift trucks, mobile harbor cranes, straddle carriers and automated guided vehicles. [P51307933] The ESP.4 Generation 6 mobile harbor crane is designed for container, bulk and general/project cargo handling, with a stated 42 m working radius, 100-tonne lifting capacity and lift speed of up to 120 m/min. [https://www.konecranes.com/press-releases/smaller-harbor-crane-same-big-time-performance-meet-the-new-konecranes-gottwald-esp4-mobile-harbor-crane] Port automation products include automated RTG, RMG and straddle-carrier systems, AGVs, equipment controls and terminal software; its TBA Autostore terminal operating system manages container movement and storage, while the Equipment Control System schedules and operates automated cranes and AGVs. [https://www.konecranes.com/port-equipment-services/container-handling-equipment/automated-container-handling][https://www.konecranes.com/port-equipment-services/operational-software-services/container-terminal-operating-system-tos] In 2025, electrified and hybrid Port Solutions equipment accounted for 62% of sales in the relevant equipment business; the company also reported in 2026 that electric options were available across its lift-truck product family. [P52741506][P142887731]\n\nServices include equipment inspections, preventive and predictive maintenance, repairs, modernization, troubleshooting and spare parts. CARE maintenance programs can incorporate TRUCONNECT condition and usage monitoring to support maintenance planning; the Konecranes Portal provides equipment data, maintenance records, manuals and parts information. [https://www.konecranes.com/service][https://www.konecranes.com/en-gb/service/crane-inspections-and-preventive-maintenance/care-preventive-predictive-maintenance-program][https://www.konecranes.com/service/predictive-maintenance-and-remote-monitoring/truconnect-remote-service-for-overhead-cranes][https://www.konecranes.com/service/konecranes-portal]\n[P51307933][P52741506][P142887731][https://www.konecranes.com/en-us/equipment/overhead-cranes/rope-hoist-cranes/cxt-overhead-cranes][https://www.konecranes.com/equipment/overhead-cranes/rope-hoist-cranes/konecranes-s-series-overhead-crane][https://www.konecranes.com/en-us/industrial-cranes/overhead-cranes/built-up-hoist-cranes/smarton-built-up-hoist-crane][https://www.konecranes.com/equipment/overhead-cranes/open-winch-cranes][https://www.konecranes.com/en-us/industries/nuclear/nuclear-equipment][https://www.konecranes.com/industries/nuclear/nuclear-equipment/nuclear-polar-cranes][https://www.konecranes.com/warehouse-automation/agilon-automated-storage-and-retrieval-system][https://www.konecranes.com/press-releases/smaller-harbor-crane-same-big-time-performance-meet-the-new-konecranes-gottwald-esp4-mobile-harbor-crane][https://www.konecranes.com/port-equipment-services/container-handling-equipment/automated-container-handling][https://www.konecranes.com/port-equipment-services/operational-software-services/container-terminal-operating-system-tos][https://www.konecranes.com/service][https://www.konecranes.com/en-gb/service/crane-inspections-and-preventive-maintenance/care-preventive-predictive-maintenance-program][https://www.konecranes.com/service/predictive-maintenance-and-remote-monitoring/truconnect-remote-service-for-overhead-cranes][https://www.konecranes.com/service/konecranes-portal]", "updatedAt": "2026-10-04T14:30:29.403953Z" }, { "type": "GEOGRAPHY", "text": "Konecranes sells products worldwide and manufactures them in its own factories on all continents, supplemented by subcontractor production. It describes its manufacturing and service footprint as global. [https://investors.konecranes.com/overview] [T3595105]\n\nIn FY2025, net sales were €4,187.8 million, of which €4,072.9 million came from outside Finland—about 97.3% of the total, with the remaining 2.7% attributable to Finland. These percentages are calculated from the reported figures. The company also reported €1,117.2 million of exports from Finland; this is an export-origin measure, not a breakdown by customer location. [T5806877] [P8768553]\n\nKonecranes had 16,469 employees worldwide at year-end 2025. The reported information does not specify employee distribution by country or region, or provide a country-by-country or regional sales breakdown. [T3595105] [T5806877]\n[T3595105][T5806877][P8768553][https://investors.konecranes.com/overview]", "updatedAt": "2026-10-04T14:30:29.403953Z" }, { "type": "SEGMENTS", "text": "Konecranes reports three business areas: Industrial Service, Industrial Equipment, and Port Solutions [P37210071]. In H1 2026, their approximate shares of gross segment net sales were 37%, 30%, and 33%, respectively, before internal sales and eliminations [T16344414].\n\nIndustrial Service provides maintenance, modernizations, and spare parts for industrial cranes and hoists, with services addressing equipment safety, productivity, and lifecycle needs [P1846765]. Industrial Equipment supplies industrial cranes, hoists, components, controls, software, and automation for applications ranging from light-duty work to demanding process environments [P76250185].\n\nPort Solutions supplies port and container-handling equipment, including ship-to-shore and yard cranes, lift trucks, mobile harbor cranes, straddle carriers, and automated guided vehicles, alongside related maintenance, repair, digital services, and parts [P51307933].\n[P37210071][T16344414][P1846765][P76250185][P51307933]", "updatedAt": "2026-10-04T14:30:29.403953Z" }, { "type": "HISTORY", "text": "Konecranes traces its origins to 1910, when KONE began as an electrical-motor repair shop in Helsinki; in 1933, KONE began manufacturing hoisting appliances. The business developed a service strategy in the 1960s, entered bulk-material handling in the 1970s, and began international expansion with the 1973 acquisition of Norway’s Wisbech-Refsum. [https://www.konecranes.com/about/history] [https://investors.konecranes.com/mergers-acquisitions]\n\nKonecranes became independent from KONE on April 15, 1994, and was listed publicly in 1996. [https://investors.konecranes.com/mergers-acquisitions] [https://www.konecranes.com/discover/from-spin-off-to-liftoff-30-years-of-independent-konecranes] It expanded into container-handling lift trucks with its 2004 acquisition of Sweden’s SMV Lifttrucks and broadened its UK crane business through the 2005 acquisition of Morris Material Handling. [https://www.konecranes.com/press-releases/kci-konecranes-acquires-smv-lifttrucks-ab-of-sweden] [https://www.konecranes.com/press-releases/kci-konecranes-acquires-uk-company-morris-material-handling] In 2017, it completed the acquisition of Terex’s Material Handling & Port Solutions business, adding the Demag brand and expanding its industrial-crane and port-solutions businesses. [https://www.konecranes.com/press-releases/konecranes-has-completed-the-acquisition-of-mhps-business] The proposed combination with Cargotec was abandoned in 2022 after UK regulators blocked the merger and the companies jointly canceled it. [https://www.konecranes.com/press-releases/the-uk-cma-blocks-the-merger-between-konecranes-and-cargotec-and-thus-the-companies-have-jointly-decided-to]\n[https://www.konecranes.com/about/history][https://investors.konecranes.com/mergers-acquisitions][https://www.konecranes.com/discover/from-spin-off-to-liftoff-30-years-of-independent-konecranes][https://www.konecranes.com/press-releases/kci-konecranes-acquires-smv-lifttrucks-ab-of-sweden][https://www.konecranes.com/press-releases/kci-konecranes-acquires-uk-company-morris-material-handling][https://www.konecranes.com/press-releases/konecranes-has-completed-the-acquisition-of-mhps-business][https://www.konecranes.com/press-releases/the-uk-cma-blocks-the-merger-between-konecranes-and-cargotec-and-thus-the-companies-have-jointly-decided-to]", "updatedAt": "2026-10-04T14:30:29.403953Z" } ], "sources": [ { "id": "https://investors.konecranes.com/business-areas", "href": "https://investors.konecranes.com/business-areas", "label": 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"id": "https://www.konecranes.com/en-us/industries/nuclear/nuclear-equipment", "href": "https://www.konecranes.com/en-us/industries/nuclear/nuclear-equipment", "label": "www.konecranes.com" }, { "id": "https://www.konecranes.com/industries/nuclear/nuclear-equipment/nuclear-polar-cranes", "href": "https://www.konecranes.com/industries/nuclear/nuclear-equipment/nuclear-polar-cranes", "label": "www.konecranes.com" }, { "id": "https://www.konecranes.com/warehouse-automation/agilon-automated-storage-and-retrieval-system", "href": "https://www.konecranes.com/warehouse-automation/agilon-automated-storage-and-retrieval-system", "label": "www.konecranes.com" }, { "id": "P51307933", "href": "https://app.finbar.com/go?id=P51307933", "label": "KONECRANES — Full financial report (2025 Y), p60", "documentId": "D-e51ef83168cf46f4a8c562647f275744", "page": 60 }, { "id": 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"documentId": "D-e51ef83168cf46f4a8c562647f275744", "page": 60 }, { "id": "T16344414", "href": "https://app.finbar.com/go?id=T16344414", "label": "KONECRANES — Partial financial report (2026 H 1), p28", "documentId": "D-9aade437c2f0428690a19e23e3f7dbb9", "page": 28 }, { "id": "P1846765", "href": "https://app.finbar.com/go?id=P1846765", "label": "KONECRANES — Full financial report (2025 Y), p60", "documentId": "D-e51ef83168cf46f4a8c562647f275744", "page": 60 }, { "id": "P76250185", "href": "https://app.finbar.com/go?id=P76250185", "label": "KONECRANES — Full financial report (2025 Y), p60", "documentId": "D-e51ef83168cf46f4a8c562647f275744", "page": 60 }, { "id": "https://investors.konecranes.com/mergers-acquisitions", "href": "https://investors.konecranes.com/mergers-acquisitions", "label": "investors.konecranes.com" }, { "id": "https://www.konecranes.com/discover/from-spin-off-to-liftoff-30-years-of-independent-konecranes", "href": "https://www.konecranes.com/discover/from-spin-off-to-liftoff-30-years-of-independent-konecranes", "label": "www.konecranes.com" }, { "id": "https://www.konecranes.com/press-releases/kci-konecranes-acquires-smv-lifttrucks-ab-of-sweden", "href": "https://www.konecranes.com/press-releases/kci-konecranes-acquires-smv-lifttrucks-ab-of-sweden", "label": "www.konecranes.com" }, { "id": "https://www.konecranes.com/press-releases/kci-konecranes-acquires-uk-company-morris-material-handling", "href": "https://www.konecranes.com/press-releases/kci-konecranes-acquires-uk-company-morris-material-handling", "label": "www.konecranes.com" }, { "id": "https://www.konecranes.com/press-releases/konecranes-has-completed-the-acquisition-of-mhps-business", "href": "https://www.konecranes.com/press-releases/konecranes-has-completed-the-acquisition-of-mhps-business", "label": "www.konecranes.com" }, { "id": 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