English

KONECRANES BOOSTS ACTIVITIES IN THE UKRAINE

Report this content 
KONECRANES BOOSTS ACTIVITIES IN THE UKRAINE


Konecranes has signed an agreement to acquire the Ukrainian service company
Craneservice Ukraine. The company has 140 employees and annual sales of over
MEUR 5. The value of the acquisition is not disclosed. 

Headquartered in Odessa, Craneservice Ukraine operates in the major ports of
Ukraine, such as Mariupol, Iljichevsk and Odessa, in practice serving and
modernizing all crane brands in the region. The company has a skill set both in
mechanics and electronics, and has also entered the market of maintaining
Electrical Overhead Traveling (EOT) cranes. 

This acquisition is strategically important for Konecranes. An investment boom
has started in Ukraine and in ports in the Black Sea region. The process and
general manufacturing industries are growing. This means great potential for
Konecranes' products and services. 

“The acquired unit will strengthen Konecranes' position in Ukraine, especially
in port crane maintenance,” says Seppo Hoppu, Director, East Europe.
“Craneservice will also serve as a base for skilled technicians and will form a
strong support unit for Konecranes' activities in Russian speaking areas.” 

Further information
Press
Seppo Hoppu, Director, East Europe
e-mail: or phone: +358 20 427 4100

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

This press is available at 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 2007, Group sales totaled EUR 1,750 million. The Group has 8,400
employees, in more than 470 locations in 43 countries. Konecranes is listed on
the OMX Nordic Exchange Helsinki (symbol: KCR1V). 

www.konecranes.com

Subscribe