Konecranes has started to deliver its final cranes to Russia for a European customer
After Russia’s invasion of Ukraine in 2022, Konecranes said it would stop taking new orders from Russia. We also stated our clear intention to wind down our business in the country.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.Konecranes wrote off the order in 2022, and this is the only write-off