Annual rank67
Finland · Industrials
Konecranes
Provides maintenance, equipment, software and services for industrial cranes, hoists, manufacturing operations, ports and container handling.
FY2022–FY2025
FY2022–FY2025
FY2022–FY2025
current context only
Company profile
Industrial lifting, warehouse automation and port equipment backed by lifecycle service
Konecranes connects industrial cranes, hoists and warehouse automation with container-handling equipment and lifecycle service. Industrial Equipment builds lifting systems, Industrial Service maintains Konecranes and third-party assets, and Port Solutions supplies machinery, software and automation. The result is a portfolio that can move material from a workstation or factory store to a container yard, then use equipment and service data to plan maintenance throughout the asset's working life.
Industrial lifting
A product ladder runs from compact hoists to 500-ton process cranes
The D-series electric chain hoist covers loads from 80 kg to 5,000 kg. The S-series pairs synthetic rope with tilted-drum and offset-reeving geometry, while software options include Hook Centering, Snag Prevention and Follow Me. At the heavier end, a SMARTON open-winch crane can lift up to 250 tons on one trolley or 500 tons on two. These are distinct platforms rather than one generic crane range.
- Open the D-series chain hoist An 80-5,000 kg modular hoist for workstations, jib cranes and overhead cranes
- Explore the S-series overhead crane Synthetic rope, offset reeving and integrated Smart Features
- Inspect the SMARTON platform Open-winch process lifting with one- or two-trolley configurations
- Compare Smart Features Software functions for sway, snag, positioning and protected areas
- ▶ VideoWatch industrial-crane technology Official English overview of mechanical, control and digital features
Ports and terminals
Hardware, controls and software meet in the container yard
Port Solutions spans ship-to-shore cranes, rubber-tired gantries, straddle carriers, lift trucks and automated yard systems. The E-Hybrid RTG combines cable-reel or busbar electricity with onboard batteries so terminals can keep operating through power interruptions. At Lamong Bay's 2015 inauguration, Konecranes reported providing 10 ship-to-shore cranes, 20 automated stacking cranes, five straddle carriers, Remote Operating Stations, machine vision and Active Load Control, while hand-over of the automated container blocks was still proceeding. In August 2026, APM Terminals Elizabeth ordered 34 E-RTGs powered by onboard battery packs for its New York/New Jersey terminal yard, with six more optional and deliveries due by end-2028. The firm order is not a delivered fleet.
- Track 34 battery E-RTGs for APM Elizabeth Firm 34-crane order, six optional and deliveries due by end-2028
- Map the container-handling portfolio Quayside, yard, horizontal-transport and automated equipment families
- Open the RTG product range Diesel, hybrid, electric and automated rubber-tired gantry configurations
- See how the E-Hybrid RTG works Grid supply plus onboard batteries for electrification with blackout resilience
- Read the Lamong Bay inauguration Equipment scope and automated-block hand-over status in the 2015 release
- ▶ VideoWalk around an electric reach stacker Official English product film from controls and charging to load handling
- ▶ VideoWatch predictive service for port cranes Official English film covering RTGs, RMGs and mobile harbor cranes
Warehouse automation
Agilon turns small-parts storage into a traceable production flow
Agilon stores parts vertically, brings requested items to user access points and records transactions with user, time and date data. Its software can connect material movements with enterprise systems, conveyors and mobile robots. At the issuer's Demag configure-to-order hoist assembly, Konecranes reports 90% on-site availability of small parts and 95% faster picking. Separately, external customer ABB Distribution Solutions reports a 30-40% improvement in picking efficiency within final assembly.
- See how Agilon works Vertical storage, access control, item tracking and scalable material flow
- Open the Agilon software layer Inventory data, integrations and material-flow orchestration
- Demag: 90% on-site parts availability An internal group application that also reports 95% faster picking
- ABB DS: 30-40% picking-efficiency gain Agilon, mobile robots and light-guided picking within final assembly
- ▶ VideoWatch Agilon inside Demag Official English application film showing storage and line-side picking
Lifecycle service
The service relationship is not confined to Konecranes-built equipment
Around half of the Industrial Service agreement base consists of non-Konecranes-branded cranes and hoists. The current global service framework presents three programs: CONDITION for inspections and condition information, CARE for preventive maintenance, and COMMITMENT for on-site maintenance with dedicated personnel. TRUCONNECT collects condition, usage and operating data; the Konecranes Portal combines it with findings, service history and risks. Repairs, retrofits, modernizations and parts extend the relationship beyond scheduled inspection.
- Understand the all-makes service model Business-area structure, installed-base reach and equipment-service synergies
- Compare the three service programs CONDITION, CARE and COMMITMENT, culminating in dedicated on-site maintenance personnel
- Explore TRUCONNECT monitoring Condition, usage, alerts and predictive-maintenance inputs
- Open the Konecranes Portal Fleet, inspection, service, risk and remote-monitoring information
- Follow the full lifecycle offer Inspection, repair, retrofit, modernization, parts and replacement
Official profile sources: Business Areas | Konecranes · Mergers & Acquisitions | Konecranes · At a glance | Konecranes
Current 2026 update
What is changing at Konecranes in 2026?
Battery cranes are on order for a New Jersey terminal, electric options now span Konecranes' product lines, and a planned acquisition would add a Japanese hoist-and-service network.
The change in one sentence
A large battery-crane order and an electric-option milestone advance electrification; a separate acquisition would expand Konecranes in Japan.
The APM order awaits deliveries, product-line electric options await adoption, and the MFK platform remains a conditional early-2027 acquisition.
Four lenses on 2026
The same four-quadrant format used in the Company profile.
01 · Port electrification
APM Elizabeth orders 34 battery E-RTGs for its terminal yard
APM Terminals Elizabeth has signed for 34 fully electric Konecranes Rubber-Tired Gantry cranes for its yard at the Port of New York and New Jersey, with an option for six more. The firm order was booked in Q2 2026; deliveries are due by the end of 2028, so no new fleet is yet operating. Each E-RTG is powered by onboard battery packs. The companies say their relationship spans more than 20 years and that some early cranes remain in service. APM places the order inside its wider modernization programme. Its Managing Director describes intended capacity, reliability, safety and skills benefits; those customer aims are not measured results. The six optional cranes also remain outside the firm order until exercised.
- Current signal34 firm E-RTGs · six optional · onboard batteries · delivery by end-2028
- Why it mattersA named terminal converts port electrification from product availability into a large, trackable customer order while delivery and option exercise remain open.
- APM Elizabeth battery E-RTG order Konecranes · 18 August 2026
02 · Product range
Konecranes says electric options now span all product lines
In its H1 report, Konecranes said it had reached its end-2026 ambition to electrify all product lines. The final step described was the May launch of the modular Generation D lift-truck platform with electric reach stackers, after which the whole lift-truck family became available with electric options. This is an availability milestone, not an all-electric sales or fleet claim. It does not mean every model, configuration, order or delivered machine is electric, and it says nothing about conversion of equipment already working at customer sites. The distinction also matters for hybrids: Konecranes reports fully electric and hybrid Port Solutions equipment sales as one combined category, so that mix cannot be read as a company-wide fully electric share. The next test is adoption in orders and deliveries.
- Current signalElectric options across product lines · Generation D completes lift-truck availability
- Why it mattersCustomers can now choose an electric route across the stated range, but commercial uptake and installed-fleet change remain to be shown.
- H1 product electrification review Konecranes · 24 July 2026
03 · Japan platform
A planned 70% MFK stake would add Japanese hoists, motors and service
Konecranes agreed on 7 July to acquire 70% of Mitsubishi Electric FA Industrial Products from Mitsubishi Electric. MFK makes wire-rope hoists and geared motors and provides hoist parts and maintenance. It has about EUR90 million in annual sales, roughly 400 employees, a main site in Fukuoka and 15 sales offices across nine Japanese regions. Konecranes says the deal would provide entry at scale into Japan's wire-rope-hoist, geared-motor and service markets, where it currently has limited local presence. The price is undisclosed. Closing is expected in early 2027 and remains subject to regulatory approvals and other conditions, so MFK is not yet a Konecranes subsidiary. Complementarity, synergies and integration are issuer expectations rather than achieved changes.
- Current signal70% proposed · 15 offices / nine regions · about 400 employees · early-2027 close expected
- Why it mattersThe agreement offers a ready-made local product and service network, but Konecranes' Japanese operating footprint does not change until closing.
- Planned Japan hoist-platform entry Konecranes · 7 July 2026
04 · What to watch
Three questions for the next disclosures
The next disclosures should separate orders from deliveries, option availability from adoption and signed deals from completed ownership.
- APM executionDo the 34 E-RTGs remain on schedule through end-2028, and is the six-crane option exercised?
- Electric adoptionWhat share of orders and deliveries chooses electric options after availability expands across the product range?
- MFK closingDo approvals clear for early 2027, and what integration scope is disclosed only after MFK becomes a subsidiary?
Annual record
Ranking history
Future editions add rows; they do not rewrite the 2026 record.
| Edition | Measurement period | Rank | Revenue growth | Net-income growth | Stock return |
|---|---|---|---|---|---|
| 2026 | FY2022–FY2025 | 67 | +25% | +185% | +259% |