Konecranes Plc (0MET.IL)

48.88 +0.66 (+1.37%) At close: 04:24PM BST

Konecranes Plc

Koneenkatu 8
P.O. Box 661
Hyvinkää 05801
Finland
358 2042 711
https://www.konecranes.com

Sector(s): Industrials
Industry: Farm & Heavy Construction Machinery
Full-time employees: 16,331

Key executives

Name	Title	Pay	Exercised	Year born
Mr. Anders Svensson	Pres & CEO	224.62k	N/A	1975
Mr. Teo Juhani Ottola M.Sc (Econ.)	Chief Financial Officer	1.27M	N/A	1968
Ms. Anneli Karkovirta	Sr. VP of People & Culture and Member of Exec. Board	N/A	N/A	1963
Mr. Juha Matti Herman Pankakoski eMBA, M.Sc. (Eng.)	Exec. VP of Port Solutions & Technology	N/A	N/A	1967
Ms. Kiira Froberg	VP of Investor Relations	N/A	N/A	N/A
Ms. Sirpa Poitsalo LL.M.	Sr. VP, Gen. Counsel & Sec. of the Board	N/A	N/A	1963
Ms. Niina Suhonen M.Sc.	VP of Group Marketing and Communications	N/A	N/A	1969
Mr. Jukka Pentti Tapio Paasonen	Bus. Devel. Director of Customer Experience and Service Offering	N/A	N/A	1963
Mr. Tomas Myntti	Sr. VP of Industrial Service - Region EMEA (Europe, Middle East and Africa)	N/A	N/A	1963
Mr. Fabio Fiorino	Exec. VP of Industrial Service & Equipment	N/A	N/A	1967

Amounts are as of 31 December 2022, and compensation values are for the last fiscal year ending on that date. Pay includes salary, bonuses, etc. Exercised is the value of options exercised during the fiscal year. Currency in EUR.

Description

Konecranes Plc manufactures, sells, and services lifting equipment. It operates through three segments: Service, Industrial Equipment, and Port Solutions. The company offers specialized maintenance services and spare parts for industrial cranes and hoists. In addition, it provides a range of industrial cranes for general manufacturing and various process industries, as well as involved in design and manufacture of crane components. Further, the company offers container, bulk, and shipyard handling equipment, as well as mobile harbor cranes, lift trucks. Additionally, it engages in port services comprising of retrofits, inspection, spare parts, training, and digital services. Furthermore, the company is involved in consulting and engineering, ecolifting, safety assist, servicing, and maintenance of ports, and cores for lifting. The company serves automotive, container handling, general manufacturing, intermodal, metal production, mining, nuclear, paper and forest, petroleum and gas, power, shipyards, waste to energy and biomass sectors. Konecranes Plc was founded in 1910 and is headquartered in Hyvinkää, Finland.

Corporate governance

Konecranes Plc’s ISS governance QualityScore as of 1 October 2023 is 3. The pillar scores are Audit: 2; Board: 1; Shareholder rights: 1; Compensation: 7.

Corporate governance scores courtesy of Institutional Shareholder Services (ISS). Scores indicate decile rank relative to index or region. A decile score of 1 indicates lower governance risk, while 10 indicates higher governance risk.