KONECRANES WINS RECORD ORDER FOR CONTAINER HANDLING EQUIPMENT FROM INDONESIAN TERMINAL OPERATOR

Konecranes has today signed an agreement to deliver container handling equipment to Indonesian state-owned terminal operator PT Pelabuhan Indonesia III (Persero), (“Pelindo III”). The order comprises 10 Ship-to-Shore (STS) cranes, 20 Automated Stacking Cranes (ASC) and 5 Straddle Carriers (SC). Delivery is scheduled for 2014 and 2016. The value of the order is not disclosed, but is more than EUR 100 million.

The government of Indonesia has introduced a nationwide freight transport program to improve the movement of goods through the country’s vast waterways. As part of this program Pelindo III will construct a new terminal called Lamong Bay Terminal in Surabaya, East Java, with a planned inauguration in 2014.

“A safe and uninterrupted container flow in the terminal is our customers’ uncompromised need, just like predictable operational costs are for us,” stresses Mr. Prasetyadi, Project Manager, Pelindo III. “Considering these circumstances we feel confident in cooperating with Konecranes aiming to build up business success in Indonesia and more widely in South-East Asia.”

Indonesia is a strategically important market for Konecranes, which has been operating in the country for 15 years. The country and its market are big and rapidly growing. Konecranes is poised, with its products and services, to be a partner in Indonesia’s drive to become a global top ten economy by 2025.

“We are proud to be the first to deliver an automated container yard in Indonesia,” says Tuomas Saastamoinen, Director, Sales and Marketing, Konecranes. “This record order is the result of Konecranes’ strong commitment to enhancing the productivity of our customers, by means of advanced automation, field proven crane technology and local support.”

“Indonesia is the world’s largest archipelago and has fast growing provincial economies, so its ports are crucial to international, regional and domestic trade,” says Philippe Richard, Konecranes’ Country Director in Indonesia. “With our leading technology in port solutions and a strategic target of increasing our presence in the area, we are very pleased to have won this order”.

Konecranes’ Indonesian headquarters are located in Jakarta, and it has branch offices in Makkasar, Surabaya, Batam, Pekanbaru, Medan and Balikpapan. Konecranes provides service to almost 300 Indonesian customers from different customer segments such as paper, steel, mining and ports. Konecranes product offering for the area also includes industrial cranes of different sizes and lift trucks.

This new order for container handling equipment includes the latest in crane technology, offering the customer maximized productivity.

Further information:
Press
Tuomas Saastamoinen, Director, Sales and Marketing, Konecranes
E-mail: tuomas.saastamoinen@konecranes.com or phone +358 20 427 2662

Investors and Analysts:
Miikka Kinnunen, Director, Investor Relations, Konecranes
E-mail: miikka.kinnunen@konecranes.com or phone +358 20 427 2050

This press release and a downloadable photo are 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 2012, Group sales totaled EUR 2,170 million. The Group has 12,100 employees, at 626 locations in 48 countries. Konecranes is listed on NASDAQ OMX Helsinki (symbol: KCR1V).