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.

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
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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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