Reducing Activities: company scaling back some business operations while continuing others

Wait Scaling Back

Konecranes is a Finnish company in the field of production and maintenance of lifting equipment.

 
 
 
 
 

Reducing Activities: company scaling back some business operations while continuing others

Wait Scaling Back
Revenue(RF), mln.USD
10
Assets(RF), mln.USD
8
Capital(RF), mln.USD
7
Glob.Revenue, mln.USD
3368
Staff(RF), 2021
191
Taxes(RF), mln.USD
3
The Company Statement
March 15, 2023

Stop all orders from Russia. Konecranes has now started to deliver its final crane order to Russia. The order – cranes for a Waste-to-Energy recycling site outside Moscow – was placed in 2019 by a European company and subsequently delayed by Russia’s invasion of Ukraine. Once this order has been delivered, Konecranes will have no further outstanding orders to Russia.

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Statements Archive
April 23, 2023The Finnish manufacturer of cranes and hoists Konecranes will not take new orders from the Russian Federation
April 21, 2022Q&A on the war in Ukraine
March 22, 2022Huhtamäki is still running its three factories in Russia - Konecranes is withdrawing completely
Demand to Leave Russia:Petition text has been copied to the clipboard.
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Company statements and statistical data are collected from open sources and official registers according to the methodology of the KSE Institute.
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