Finnish President Tarja Halonen visits Konecranes factory in Dalian, China

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Finnish President Tarja Halonen visits Konecranes factory in Dalian, China

Today, 5 September, Konecranes had the honor of welcoming the President of the
Republic of Finland Tarja Halonen to its factory in Dalian, China. During the
visit President Halonen acquainted herself with the facility and learned about
Konecranes' products and operations in China. The visit was arranged in
connection with the President's trip to the World Economic Forum in Dalian. 

Konecranes has exported equipment to China since the 1970s. After establishing
Chinese sales offices in the 1980s and 1990s, Konecranes opened its first
Chinese factory in Shanghai in 2002. The plant was expanded in 2005. The
factory in Dalian for harbor crane assembly and production was inaugurated in
2004. Konecranes' fourth Chinese plant started production in Lingang in April
2007. Konecranes' headquarters for North East Asia, including China, are in
Shanghai. Konecranes employs 570 persons in China and has a nationwide network
of sales and service branches in China. The operations also include three joint
venture companies for industrial crane manufacturing. This is by far the most
extensive network in China of all western crane companies, and Konecranes has
succeeded in increasing its share of the rapidly growing Chinese crane market. 

The operations in Dalian employ some 50 Konecranes workers for the manufacture
of components for rubber tired gantry (RTG) cranes and rail-mounted gantry
(RMG) cranes used for lifting and stacking containers in ports and intermodal
terminals. 

Konecranes President and CEO Pekka Lundmark, who is part of the business
delegation traveling with the President, hosted the visit together with Harry
Ollila, Region President, Northeast Asia, Michael Ho, Managing Director,
Konecranes China, and Simo Rainio, Production Manager. Members of the press and
high-level executives in the President's business delegation also took part in
the event. 

Further information: 
Press
Arto Juosila, Group Vice President, Administration and Business Development
e-mail: arto.juosila@konecranes.com or phone: +358 20 427 2005

Financial Media and Analysts
Paul Lönnfors, IR Manager 
e-mail: paul.lonnfors@konecranes.com or phone: +358 20 427 2050

This press release together with a downloadable picture is available at our 
website www.konecranes.com

Caption:
“Finnish President Tarja Halonen visits Konecranes factory in Dalian, China.”

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 and services for lifting equipment of every make. In 2006, Group
sales totaled EUR 1483 million. The Group has 8,000 employees, at more than 370
locations in 41 countries. Konecranes is listed on the OMX Helsinki Stock
Exchange (symbol: KCR1V). 

www.konecranes.com

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