December 02, 2008

Konecranes bags two large order from Russia

Konecranes announced that it has received 2 repeat orders from Russia one for port cranes and one for process cranes. The total value of the orders is more than EUR 20 million.

Konecranes said that an order was placed by the Turkish construction major Gama Endustri Tesisleri Imalat ve Montaj AS but the end customer is the Russian steel mill PNTZ in Pervorouralsky. This order includes several types of process cranes with related equipment, such as three ladle cranes and four scrap loading cranes. The different types of cranes and equipment will be used in the steel melting process for producing round billets. Deliveries will begin in December 2007 and will continue through April 2008. PNTZ has specialized in seamless pipes and is now widening their offering to include billets

Konecranes said that the port crane order was received from the container terminal company ZAO First Container Terminal. The order is for 2 Panamax Ship to Shore container cranes, which will be delivered in the summer of 2008. During the last few years, FCT, which is based in St Petersburg, has experienced substantial growth in container traffic. The recently ordered STS cranes will increase container handling capacity at the terminal by offering efficient loading and unloading of Panamax sized vessels. The STS cranes have a lifting capacity of 50 tons, outreach of 38 meters and are equipped with Konecranes AC electrical control system.

Mr Fedor Elagin GD of ZAO Konecranes Russia said that "Last year was a good year for Konecranes in Russia with significant orders from FCT, PetroLesPort and Multilink Terminals. This year seems to become equally successful. Our broad product offering, diverse customers and high quality service form a strong base for continued growth in the Russian market.”