Market Overview

Konecranes is one of the largest crane companies in the world - yet its share of the global crane market is no more than approximately 10 %. In certain regions our market shares are much higher.

With roots in Finland, Konecranes early reached a leading market position in the Nordic countries. Stable organic growth and an active acquisition track record has seen the Group reach a strong position also in most industrialised countries including Germany, France, the U.K., the U.S., Canada, Australia, Russia, the Ukraine, in many smaller EU countries and in several Middle Eastern and Far Eastern countries. In China, Group activities are growing fast. In Japan, the Group is in an entry phase.

Competition

Competition in the crane industry is mostly regional or local with few other global players. Local companies play an important role. Competitors on the international crane market include companies such as Demag Cranes & Components GmbH (Germany), Abus Kransysteme GmbH (Germany), Columbus McKinnon Corporation (U.S.A.), ZPMC (China), Kalmar (part of Cargotec Corporation, Finland), Fantuzzi Group (Italy), Svedtruck (Sweden), Liebherr (Ireland) and Taylor (U.S.A).

IR CALENDAR

Next Event


Interim Report January – September 2008


October 29, 2008 at 10.00 a.m.

 

Konecranes Plc P.O. Box 661 Koneenkatu 8, FI - 05801 HYVINKÄÄ, FINLAND,
Business ID 0942718-2, VAT Reg. No. FI09427182, Tel +358-(0)20 427 11, Fax +358-(0)20 427 2099