Konecranes Oyj, traded on the OTC market under the symbol KNCRY, is a global leader in the design, manufacture, and service of industrial cranes and material handling equipment. The company offers a wide range of lifting solutions, from overhead cranes and hoists to mobile harbor cranes and heavy-duty dockyard equipment. Konecranes integrates advanced mechanical systems with digital technologies to deliver efficient, reliable, and safe lifting operations across various industries.
In addition to its core engineering and manufacturing capabilities, Konecranes provides aftermarket services that encompass preventive maintenance, inspections, modernization, spare parts supply, and remote monitoring solutions. Its digital offerings, including the TRUCONNECT and SMARTON product families, leverage data analytics and the Industrial Internet of Things (IIoT) to optimize equipment performance and minimize downtime for customers.
The company serves a diverse end-market spectrum, including manufacturing, automotive, steel production, ports and terminals, shipyards, and process industries. With a service network spanning more than 50 countries and over 600 service centers, Konecranes supports customers through every stage of the equipment life cycle, ensuring global reach combined with local expertise.
Founded in 1994 following a spin-off from the industrial equipment division of Kone Ltd., Konecranes is headquartered in Hyvinkää, Finland. The company is led by President and CEO Panu Routila, with strategic oversight provided by a board chaired by Antti Herlin. Konecranes maintains its competitive edge through continued investment in innovation, sustainability initiatives, and operational excellence.
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