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KONECRANES TO SUPPLY HEAVY INDUSTRIAL CRANES TO A STEEL MILL IN CHINA

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Konecranes to supply heavy industrial cranes to a steel mill in China


In April 2009, Konecranes received an order for 90 heavy industrial cranes from
steel company Marcegaglia (China) Co., Ltd. in Yangzhou, China. The cranes will
be installed and used in Marcegaglia (China) Co., Ltd.'s new pipe manufacturing
factory under construction. The first cranes will be delivered in September
2009 and the last in July 2010. The parties have agreed not to disclose the
value of the order. 

Marcegaglia (China) Co., Ltd. is part of the Italian-owned industrial and
financial company Marcegaglia, a world-leading corporation in the steel
transformation industry. The pipe factory under construction in Yangzhou is
planned to produce 350,000 ton per year of steel pipes for the Chinese
hydraulic cylinder and automotive industry. 

“Konecranes received this order thanks to the technical features of the cranes:
advanced control systems and a compact design, which offer big savings in
building construction costs,” says Eric Chen, Director, Process Cranes,
Konecranes (Shanghai) Co. Ltd. 

Twelve of the cranes ordered are SM cranes with a 48-ton lifting capacity and
will be used for coil handling. The other 78 cranes are CXT cranes with a
16-ton lifting capacity and will be used for pipe handling. 

Further information:
Press
Jaakko Koppinen, Director, Process Cranes, Konecranes Plc
E-mail: jaakko.koppinen@konecranes.com or phone +358 20 427 2570

Investors and Analysts:
Mikael Wegmüller, Director, Marketing and Communications, Konecranes Plc
E-mail: mikael.wegmuller@konecranes.com or phone +358 20 427 2008

This press release 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 2008, Group sales totaled EUR 2,103 million. The Group has 9,900
employees, at 485 locations in 43 countries. Konecranes is listed on the NASDAQ
OMX Helsinki Ltd (symbol: KCR1V). 

www.konecranes.com

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