All Finland Articles

Strong 2023 so far for Cargotec
Sales up 18 per cent across the group in the first three quarters of 2023
Strong performance for Cargotec in first half
Double digit sales increases across the board, record high profit margin, orders down
Konecranes acquires service business of Munck Cranes
Finnish industrial crane giant picks service division from bankrupt Munck in Norway
Cargotec looking to split Kalmar and Hiab
Plan to turn Cargotec’s Kalmar and Hiab divisions into two standalone companies
Konecranes strengthens US position with Whiting Corp acquisition
Industrial crane manufacturer Konecranes acquires Whiting Corp and its industrial and nuclear crane operations
Another even bigger Effer loader crane
New 135 tonne-metre Effer crane trumps recently announced 90 tonne-metre model
Effer’s new high capacity and high tech crane
New 90 tonne-metre iQ.950 HP loader crane for multi-purpose applications
Hiab’s latest biggest crane
On 20 September Hiab shows a new 135 tonne-metre loader crane, its largest to date
Second crane added to Hiab iQ series
Loader crane range expansion with new 90 tonne-metre model from Cargotec’s Hiab brand
Hiab helps drive double digit rises at Cargotec
Materials handling group’s sales up 14 per cent, profit up 24 per cent, order book 26 per cent higher than a year ago
New Effer loader cranes
Three new Effer cranes broaden the heavy crane range and offer advantages for end users
Cargotec considers options
Lifting and handling group may sell off MacGregor following the 29 March cancellation of its proposed merger with Konecranes
Looking ahead at Konecranes
Konecranes cancels AGM and looks to a future no longer merged with fellow crane maker Cargotec
Cargotec–Konecranes merger abandoned
A block by UK Competition and Markets Authority precipitated cancellation of planned merger
Hiab and Cargotec up despite challenges in 2021
Sales and orders up for Hiab crane and materials handling equipment manufacturing parent company
China approves Cargotec and Konecranes merger
Another step closer to merger as China gives approval and Phase II review continues in Europe
Cargotec orders up, sales down
First quarter 2021 financial results for Cargotec saw orders up 43 % and sales down 15 %
New Effer 1000 loader crane
Hiab launches a 90 tonne-metre hydraulic loader crane from Effer with nine-section boom
Hiab boosted Cargotec in 2020
Hydraulic crane maker Hiab bolstered the financial performance of its parent Cargotec in 2020
Strong order book at Cargotec
Orders up, profit down in 2018 at Cargotec and its Hiab, Kalmar and MacGregor businesses
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