Konecranes Plc Overview
Pro stress-test →Konecranes manufactures, sells, and services material handling products globally through three segments: Service, Industrial Equipment, and Port Solutions. The company employs around 16,500 professionals in over 50 countries and is trusted to lift, handle and move what the world needs.
Strategic Profile
Pro stress-test →Konecranes is one of the largest crane manufacturers in the world, producing about one in ten of the world's cranes, with around 80% for use in factories. While much of the company's growth has been organic, Konecranes has acquired almost 100 companies over the last 40 years, expanding its operations particularly in Asia.
Competitive Landscape
Pro stress-test →Konecranes is a world leader in designing and building industrial and port cranes and hoisting equipment. Key competitors in the industrial lifting space include Terex, Liebherr, and regional manufacturers. The company maintains competitive advantage through extensive global service network, digital technology capabilities, and diversified product portfolio across industrial and port segments.
Industry Context
Konecranes Plc operates in Industrial Equipment & Material Handling - Lifting Equipment.
Key facts
Founded: 1910 · Headquarters: Hyvinkää, Finland · Employees: 16,500 · Revenue: $4.72B · Market cap: $8.71B