Like Cargotec, Konecranes has reported a drop in new order intake. The company notched orders worth €369.7M in 1Q/09 compared to €562.3 in 1Q/08 (-34.3%). Statutory negotiations with the heavy lifting division unions in Finland are under way. It expects that permanent personnel reductions will affect at most 80 of the division’s 620 employees in Finland.
In 1Q/09, Konecranes was 36.9% down in heavy lifting orders (including port cranes and other port handling equipment) to €133.8M. It was down 40.3% in standard lifting, to €132.6M, and down 19.6% in services, to €125.6M....
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This complete item is approximately 300 words in length, and appeared in the May 2009 issue of WorldCargo News, on page 3.
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