About Konecranes
Konecranes is a company based in Hyvinkaa (Finland) founded in 1910. The company has 16,500 employees. 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 16,500
- Stage Public
- SectorsNatural Resources
- Website category Heavy Industry and Engineering · Construction and Maintenance
- Email••••••••
- Phone•••• ••••
- Website konecranes.com
- Social LinkedIn X Facebook Instagram
- Legal Name Konecranes Oyj
- Annual Revenue$4.92 B (USD)-0.93as on Dec 31, 2025
- Net Profit$469.77 M (USD)8.52as on Dec 31, 2025
- EBITDA$807.81 M (USD)7.07as on Dec 31, 2025
- Latest Funding Round$733.41K (USD), Grant
Nov 2020
- Investors
- Employee Count16,500
- Investments & AcquisitionsAusio
& 7 more
Products & Services of Konecranes
Konecranes offers a comprehensive portfolio of products and services, including Overhead Cranes and Port Equipment.
Overhead cranes are supplied for lifting and handling in industrial settings
Port equipment is provided for container and bulk handling operations
Funding Insights of Konecranes
- Total Rounds 2
- Last Round Grant — $733,412
- First Round $537,120
(Mar 2019)
- Investors Count 1
All 2 funding rounds of Konecranes with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Nov 2020 | $733,412 | Grant | – | – | |
| Mar 2019 | $537,120 | Grant | – | – |
1 investors in total: 1 institutional.
Investors in Konecranes
Konecranes has secured backing from 1 investor, including institutional investors. Prominent investors backing the company include European Union.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Government entites focused on freedom, democracy, equality and the rule of law, promoting peace and stability | 1958 | europa.eu | Brussels, Belgium |
Investor details for Konecranes
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People of Konecranes
473 people are tracked at Konecranes (150 in leadership, 8 in board & advisors, 315 in team); the tracked headcount is 16,500.
| Name | Role | Group |
|---|---|---|
Anders Svensson | CEO | Leadership |
Jussi Allonen | Director, Pricing & Market Development | Leadership |
Andy Pulfer | Sales Consultant CTO Cranes | Leadership |
Andrew Yu | Director， Industrial Equipment Sales， NEA | Leadership |
Outi Lindén | Director, Data To Knowledge | Leadership |
Juergen Gieske | VP Crane And Component Sales | Leadership |
Jenni Lampinen | Regional Frontline Director, Northern Europe | Leadership |
Julien Chambrillon | Director, AI Solutions | Leadership |
Brett Lawson | Vice President, Operations, South, Region Americas | Leadership |
Vesa Kallio | Director, Mechanical Component Manufacturing, ISE SOL Supply ETO HYV Mech Comp Factory | Leadership |
Joerg Mueller | Vice President Business Line Mobile Harbor Cranes | Leadership |
Ilkka Blomqvist | Director, Parts & Retrofits Product Management | Leadership |
Paul Dutmer | Product Owner & Head SW Teams NL | Leadership |
Brian Carpenter | Vp, Strategy Execution | Leadership |
Marko Tulokas | President and CEO & Business Area President, Industrial Equipment | Leadership |
Linda Kay | Vice President, Rope Hoist Cranes, Components & Ex-proof | Leadership |
Andreas Falk | Senior Vice President, BU Lifttrucks | Leadership |
Teo Ottola | CFO | Leadership |
Miikka Kinnunen | Vice President, Group Accounting | Leadership |
Kai di Nucci | Finance Director, Port Services | Leadership |
453 more people are available in the full profile.
Complete people profiles for Konecranes
Full employee and board profiles, team structure, tenure and professional contact details require an active premium plan.
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- Board tenure
- Professional contacts
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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.
- IPO date08 Oct 2004
- Listed onHEL: KCR
- Listed entityKonecranes Oyj
- Exchange sectorProducer manufacturing
- ISINFI0009005870
- Share price30.20 EUR (+1.27% on the day) · 2026-10-09
- Market capitalisation7,086,508,432.00 EUR
- Price to earnings18.8
- EPS (diluted, trailing year)1.61 EUR
- Dividend yield2.52%
- Volume (last session)26,546
Financials of Konecranes
| Year | Revenue | Net income | EBITDA |
|---|---|---|---|
| 2025 | 4.19B EUR | 399.8M EUR | 687.5M EUR |
| 2024 | 4.23B EUR | 368.4M EUR | 642.1M EUR |
| 2023 | 3.97B EUR | 275.6M EUR | 534.6M EUR |
| 2022 | 3.36B EUR | 140.3M EUR | 411.1M EUR |
| 2021 | 3.19B EUR | 146.9M EUR | 399.2M EUR |
Detailed financial statements 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.
| Company Name | Description | Domain | Location | Founded | Acquired | Amount |
|---|---|---|---|---|---|---|
- | peinemanncontainerhandling.tcc.mode | – | 0 | Dec 2024 | •••• | |
Provider of equipment rental and logistical services for construction, industrial, and event sectors | peinemann.nl | Netherlands | 0 | Dec 2024 | •••• | |
Construction equipment is manufactured by MHE-Demag in Australia. | mhe-demag.com | Sydney, Australia | 1972 | Dec 2019 | $162.79M | |
Hoists, cables, and crane components are manufactured by Stahl CraneSystems. | stahlcranes.com | Germany | 1976 | Jun 2017 | •••• | |
DGHR3400 topics are explored through a dedicated blog. | terexmhps.com | Dusseldorf, Germany | 2002 | Jan 2017 | •••• | |
Industrial cranes, components, and drives are manufactured for heavy-duty applications. | demagcranes.com | Wetter, Germany | 1819 | Nov 2010 | •••• | |
Crane services, parts supply, and modernization projects are offered. | ausio.com | Barcelona, Spain | 1997 | Apr 2008 | •••• | |
Provider of industrial cranes manufacturing, inspection, maintenance, and training services | morriscranes.co.uk | Rochester, United Kingdom | 1884 | Jan 2005 | $16.38M |
Complete acquisition details for Konecranes
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- Exports
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Timeline of Konecranes
12 dated milestones of Konecranes across 114 years, from founding to its latest funding, stage changes and deals.
- Founded Konecranes is founded.
- IPO Lists on the stock exchange (IPO).
- Acquisition Acquires Morris Material Handling.
- Acquisition Acquires Ausio.
- Acquisition Acquires Demag Cranes.
- Acquisition Acquires Terex-MHPS.
- Acquisition Acquires Stahl CraneSystems.
- Funding First funding round of $537K.
- Acquisition Acquires MHE-Demag.
- Funding Latest funding round, Grant, of $733K.
- Acquisition Acquires Peinemann.
- Acquisition Acquires Peinemann Container Handling.
Web traffic of Konecranes
The website of Konecranes (konecranes.com) receives about 197.7K visits a month and ranks #205,751 among all websites worldwide, #1,976 in Construction and Maintenance.
- Monthly visits197.7K
▲ 5.9% vs previous month
- Unique visitors74.4K
per month
- Global rank#205,751
among all websites
- Category rank#1,976
Heavy Industry and Engineering · Construction and Maintenance
- Bounce rate39%
- Pages per visit3.1
- Average visit1 min 44 sec
- DevicesDesktop 46% · Mobile 54%
Websites whose visitors overlap most with Konecranes. Affinity shows how closely the audiences match.
| Website | Domain | Audience affinity | Monthly visits | Global rank | Profile |
|---|---|---|---|---|---|
konecranesusa.com | konecranesusa.com | 100% | – | – | – |
| kone.com | 91% | 262.1K | #168,089 | View details | |
hoosiercrane.com | hoosiercrane.com | 85% | – | #1,183,722 | – |
lifts.de | lifts.de | 82% | – | #12,887,897 | – |
| sodimas.com | 82% | – | #3,170,133 | View details | |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
All 40 similar websites and full traffic analytics for Konecranes
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Latest news on Konecranes
Complete news archive for Konecranes
Full article history, source details, and older brand coverage require an active premium plan.
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Similar companies to Konecranes
10 companies that operate in the same segment as Konecranes (Mining Equipment), ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Mining and construction equipment tools are manufactured and supplied. | 1862 | Stockholm, Sweden | – | – | – | |
Provider of explosives, blasting systems, mining chemicals, and geotechnical monitoring products | 1874 | Melbourne, Victoria, Australia | USD 96 M | USD 5.38 B | 14,000 | |
Machinery and services for multiple industries are supplied by Metso. | 1999 | Helsinki, Finland | – | USD 387.01 M | – | |
Manufacturer of engineered products and services provider | 1871 | Glasgow, Scotland, United Kingdom | – | USD 3.45 B | 11,869 | |
Commercial equipment financing and leasing solutions are provided across industries. | 2004 | Charlotte, North Carolina, United States | USD 18.9 M | – | – | |
Produces heavy machinery like excavators and cranes for construction and mining projects. | 2002 | Pune, Maharashtra, India | – | USD 739.01 M | 760 | |
Bulk material handling and mineral processing systems are manufactured. | 1947 | Chennai, Tamil Nadu, India | – | USD 67.25 M | 2,310 | |
Wear-resistant parts for mining and cement industries are manufactured. | 1979 | Ahmedabad, Gujarat, India | – | USD 465.45 M | 3,690 | |
Drilling equipment and ground penetrating radar services are provided. | 2020 | Mississauga, Ontario, Canada | USD 8.5 M | – | – | |
Mining and logging equipment is manufactured for the construction sector. | 1933 | Westport, United States | – | USD 5.42 B | 11,400 |
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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.
Konecranes has 16,500 employees.
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.
Konecranes operates through Konecranes Oyj.
The website of Konecranes receives about 198 thousand visits a month and ranks #205,751 among all websites worldwide.