Konecranes has received permits for constructing an office building in Hyvinkää, Finland. The new building will have office space of approximately 3,770 m2 and will be placed in connection with Konecranes’ present center for visitors in Hyvinkää. Construction will start during summer 2010, and the building is expected to be ready one year later.
The new office building will consist of four floors. The offices will have working space for approximately 100 employees. The building will also include conference rooms, a canteen, warehouse and technical space.
“This decision is an important element in a wider program to develop Konecranes’ operations at the Hyvinkää site. We have developed our manufacturing and R&D facilities in the area, and now we are completing the program with a new office building. We feel that having different functions – R&D, manufacturing and management – at the same site carries a lot of value,” comments Pekka Lundmark, President and CEO of Konecranes Plc.
The construction project is done in cooperation with Swedish-based real estate investment company AB Sagax (publ.), who owns the properties in Hyvinkää. Sagax will finance the project and own the new office building. Konecranes Plc will manage the construction project and rent the new office building from Sagax.
Further information:
Press
Mikael Wegmüller, Vice President, Marketing & Communications
E-mail: [email protected] or phone +358 20 427 2008
Investors and Analysts:
Miikka Kinnunen, Director, Investor Relations
E-mail: [email protected] or phone +358 20 427 2050
This press release, with a downloadable photo, is available on our website, www.konecranes.com.
Konecranes is a world-leading group of Lifting Businesses™, serving a broad range of customers, including manufacturing and process industries, shipyards, ports and terminals. Konecranes provides productivity-enhancing lifting solutions as well as services for lifting equipment and machine tools of all makes. In 2009, Group sales totaled EUR 1,671 million. The Group has 9,600 employees, at 545 locations in 43 countries. Konecranes is listed on NASDAQ OMX Helsinki Ltd (symbol: KCR1V).
