Konecranes Oyj engages in manufacturing cranes, lifting equipment and machine tools. The company is headquartered in Hyvinkaa, Etela-Suomen and currently employs 16,525 full-time employees. The firm operates within three segments: Service, which provides specialized maintenance services and spare parts for all types of cranes and hoists, from a single piece of equipment to entire operations; Industrial Equipment offers industrial cranes, their components and lifting equipment solutions for a range of customers, including industries like general manufacturing, waste-to-energy and biomass, paper, power, automotive, aviation and metals production; and Port Solutions, which comprises container handling equipment, shipyard cranes, mobile harbor cranes and heavy-duty container handling and fork lift trucks, supported by a range of software solutions and services. The firm conducts operations in around 50 countries.