Konecranes

Hyvinkaa, Finland Founded: 1910 • Age: 116 yrs
Lifting equipment is provided to a wide range of industries.
Annual revenue $4.9B Latest available
Total funding - 2 rounds
Employees 16500 Tracked headcount
Investors 1 Known backers
Products 2 Services tracked
Competitors - Brand Intelligence

About Konecranes

Konecranes is a company based in Hyvinkaa (Finland) founded in 1910. The company has 16,500 employees as of December 31, 2022. Konecranes has completed 8 acquisitions, including Ausio, Demag Cranes and MHE-Demag. Konecranes offers products and services including Overhead Cranes and Port Equipment.

  • Headquarter Hyvinkaa, Finland
  • Employees 16500 as on 31 Dec, 2022
  • Stage Public
  • Sectors
    Natural Resources
  • Email
    Locked
  • Phone
    Locked
  • Website
    Locked
  • Social
    Locked
  • Legal Name Konecranes Oyj
Operational Areas
Natural Resources → Mining & Quarrying Unlock Sub-Sector Unlock Segment
Key Metrics
  • Annual Revenue
    $4.92 B (USD)
    -0.93
    as on Dec 31, 2025
  • Net Profit
    $469.77 M (USD)
    8.52
    as on Dec 31, 2025
  • EBITDA
    $809.22 M (USD)
    7.26
    as on Dec 31, 2025
  • Latest Funding Round
    $733.41 K (USD), Grant

    Nov 01, 2020

  • Investors
  • Employee Count
    16500

    as on Dec 31, 2022

  • Investments & Acquisitions
    Ausio

    & 7 more

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IPO & Listings of Konecranes

Konecranes is a publicly listed company on the OMXHEX with ticker symbol KCR in Finland, operating in the Producer manufacturing sector. As a publicly traded entity, the company provides investors with opportunities to participate in its growth story through equity ownership. The listing enables access to capital markets, enhances corporate visibility, and provides liquidity for shareholders while maintaining transparency through regulatory compliance and regular financial disclosures.

Exchange: OMXHEX · Ticker: KCR · Sector: Producer manufacturing · Finland

Products & Services of Konecranes

Konecranes offers a comprehensive portfolio of products and services, including Overhead Cranes and Port Equipment.

Product name locked
Category locked
Primary

Overhead cranes are supplied for lifting and handling in industrial settings

Product name locked
Category locked
Locked

Port equipment is provided for container and bulk handling operations

People of Konecranes

Headcount 10000+
Employee Profiles 464
Board Members and Advisors 8
Employee Profiles
People
Jussi Allonen
Director, Pricing & Market Development
People
Leander Gradwohl
Service Sales
People
Wayne Branton
SVP Industrial Service And Equipment Region EMEA
People
Jennifer Spilker
Manager Parts Sales Industrial Service EMEA

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Board Members and Advisors
people
Päivi Rekonen
Director
people
Ulf Liljedahl
Director
people
Pasi Laine
Vice Chairman
people
Sami Piittisjärvi
Director

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Funding Insights of Konecranes

Investors in Konecranes

Konecranes has secured backing from 1 investor, including institutional investors. Prominent investors backing the company include European Union.

All
Institutional
Investor Description Founded Year Domain Location
Government entites focused on freedom, democracy, equality and the rule of law, promoting peace and stability
Locked Locked Locked
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Investor details for Konecranes

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Investments & Acquisitions by Konecranes

Konecranes has strategically engaged in corporate development activities, having acquired 8 companies. Notable acquisitions include Ausio, Demag Cranes and MHE-Demag.

Investments
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Investment portfolio details for Konecranes

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Acquisitions
Company Name Description Domain Location Founded Year Amount
DGHR3400 topics are explored through a dedicated blog.
Locked Locked 2002 Locked
Crane services, parts supply, and modernization projects are offered.
Locked Locked 1997 Locked
Hoists, cables, and crane components are manufactured by Stahl CraneSystems.
Locked Locked 1976 Locked
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Complete acquisition details for Konecranes

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Financial Statements - Konecranes

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Detailed financials for Konecranes

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Konecranes Comparisons

Konecranes Primary company
Description
Lifting equipment is provided to a wide range of industries.
Location
Hyvinkaa, Finland
Founded Year
1910
Annual Revenue
$4.92 B (USD)
Net Profit
$469.77 M (USD)
EBITDA
$809.22 M (USD)
Employees
16,500
As of 2022
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Peer comparison for Konecranes

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Competitors of Konecranes

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Detailed competitors of Konecranes

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Latest news on Konecranes

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Complete news archive for Konecranes

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Frequently Asked Questions about Konecranes

Konecranes was founded in 1910 and raised its 1st funding round 109 years after it was founded.

Konecranes is headquartered in Hyvinkaa, Finland. It is registered at Hyvinkaa, Uusimaa, Finland.

Anders Svensson is the current CEO of Konecranes.

As of Dec 31, 2022, the latest employee count at Konecranes is 16,500.

Annual revenue of Konecranes is $4.92B as on Dec 31, 2025.

Konecranes was founded in 1910 in Hyvinkaa, Finland, and operates as a provider of lifting equipment across various sectors including manufacturing and logistics. Services encompass design, installation, and maintenance of cranes and material handling solutions. In 2015, group sales reached EUR 2,126 million, with the company listed on Nasdaq Helsinki. Operations extend globally from its Finnish base.

Konecranes offers Overhead Cranes and Port Equipment.

Yes, Konecranes is publicly traded on OMXHEX under the ticker symbol KCR.

Konecranes has made 8 acquisitions, including Ausio, Demag Cranes, and MHE-Demag.

Konecranes has 1 investor. Key investors include European Union.

The ticker symbol of Konecranes is KCR on OMXHEX.

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