Konecranes Oyj (KCI Konecranes prior to 16 March 2007) is a
Finnish company, headquartered in
Hyvinkää, which specialises in the manufacture and service of
crane
Crane or cranes may refer to:
Common meanings
* Crane (bird), a large, long-necked bird
* Crane (machine), industrial machinery for lifting
** Crane (rail), a crane suited for use on railroads
People and fictional characters
* Crane (surname) ...
s and lifting equipment as well as the service of
machine tools. The firm produces about one in ten of the world's cranes, of which around 80% are for use in
factories, the rest at
ports.
The company was initially a division of
KONE, who began to manufacture cranes and
hoists in the 1930s, but was spun off as an independent company in
1994
File:1994 Events Collage.png, From left, clockwise: The 1994 Winter Olympics are held in Lillehammer, Norway; The Kaiser Permanente building after the 1994 Northridge earthquake; A model of the MS Estonia, which Sinking of the MS Estonia, sank in ...
when KONE underwent extensive restructuring. The firm listed on the
Helsinki Stock Exchange two years later
and has since grown to become a constituent member of the benchmark
OMX Helsinki 25
OMX Helsinki 25 (, formerly HEX25) is a stock market index for the Helsinki Stock Exchange. It is a market value weighted index that consists of the 25 most-traded stock classes. The maximum weight for a single stock is limited to 10%. This is mai ...
index. Konecranes is arranged into two business divisions - Equipment and Service (covering crane
maintenance,
safety and machine tool service).
References
External links
*
{{OMX Helsinki 25 companies
Manufacturing companies of Finland
Engineering companies of Finland
Companies established in 1994
Companies of Finland
Companies listed on Nasdaq Helsinki