Konecranes Oyj operates through three primary business segments: Service, Industrial Equipment, and Port Solutions. The Service segment provides specialized maintenance, spare parts, and installation services for all types of industrial cranes and hoists. The Industrial Equipment segment manufactures standard and heavy-duty cranes, wire rope hoists, and related components for industries such as general manufacturing, waste-to-energy, paper, and metals production. The Port Solutions segment supplies container handling equipment, shipyard cranes, mobile harbor cranes, and heavy-duty lift trucks. Headquartered in Hyvinkää, Finland, the company employs over 16,000 people across more than 50 countries. Originally formed as a division of Kone Corporation, it was established as an independent entity in 1994 and has grown to become a major global provider of industrial lifting solutions.
