releases
Eastern European Markets
NEWS RELEASE
October 20th, 2007

Konecranes wins its largest container crane orders to Russia

Konecranes has received orders for five ship-to-shore (STS) cranes and fourteen rubber tired gantry (RTG) cranes to three container terminals of National Container Company (NCC) in Russia. The cranes will be delivered to NCC's subsidiaries First Container Terminal (FCT) in St. Petersburg, Baltic Container Terminal (BCT) in Ust-Luga and the inland terminal Shushary. The total value of the orders is over EUR 40 million.

The procurement of container handling equipment is part of NCC's terminal expansion and development plan. The ordered equipment will increase throughput capacity of the existing terminals and improve productivity. Konecranes will deliver one STS crane and ten RTGs to FCT in St. Petersburg, four STS cranes to BCT's greenfield container terminal in Ust-Luga and four RTGs to the inland container terminal in Shushary, located in the St. Petersburg region. Delivery will take place during 2008 and 2009.

The STS cranes will be used for loading and unloading Panamax container vessels, they have a lifting capacity of 50 tonnes and an outreach of 40 and 38 meters respectively. The RTG cranes have a lifting capacity of 50 tonnes, they can stack one over five containers high and seven containers wide plus a truck lane.

"These orders further strengthen Konecranes' position in the ports of St. Petersburg, and display the customers' confidence in our performance and products," says Jarmo Juntunen, Director, Ports at Konecranes.

In 2006 and earlier in 2007, NCC ordered four STS cranes to FCT's container terminal in St. Petersburg, two of which Konecranes will deliver at the end of 2007 and two in 2008. The cooperation with the terminal in St. Petersburg started already in the 1980s and it has included cranes, crane modernizations and service.

About Konecranes
Konecranes is a world-leading group of Lifting Businesses™, serving a broad range of customers, including manufacturing and process industries, shipyards, ports and terminals. Konecranes provides productivity-enhancing lifting solutions as well as services for lifting equipment and machine tools of all makes. In 2006, Group sales totaled EUR 1483 million. The Group has 8,000 employees, at more than 370 locations in 41 countries. Konecranes is listed on the OMX Helsinki Stock Exchange (symbol: KCR1V).

Further information
Press
Mika Mahlberg, Director, VLC Cranes
e-mail: mika.mahlberg@konecranes.com or phone +358 20 427 2630
Jarmo Juntunen, Director, Ports
e-mail: jarmo.juntunen@konecranes.com or phone: +358 20 427 2600
Financial Media and Analysts
Paul Lönnfors, IR Manager
e-mail: paul.lonnfors@konecranes.com or phone: +358 20 427 2050
This press release together with a downloadable picture is available at our website.

www.konecranes.com


Compiler´s choice - More News Releases

Archive 2005. News Releases

 TERMS & CONDITIONS / KÄYTTÖOIKEUDET. © Oy Compiler Ab. All rights reserved.