Konecranes will deliver twenty-seven Reach Stackers to the Indian state-owned company Container Corporation of India Ltd. (CONCOR). Konecranes received the order in December 2009 from the Indian contractor Roadwings International Pvt Ltd. The machines will be delivered to 11 different multi-modal stations throughout India during spring 2010. The value of the order is not disclosed.

CONCOR is a Government of India enterprise whose core business is characterized by three distinct activities, that of a carrier, a terminal operator and that of a warehouse operator. The company has a network of 59 terminals, handling containers for both export-import and domestic purposes. CONCOR is committed to providing cost-effective, efficient and reliable logistics solutions to its customers and therefore they make sure that the most modern and efficient equipment is deployed in their terminals.

“The delivery to CONCOR is a prestigious contract for Konecranes,” says Lars Fredin, Managing Director, Lifttrucks at Konecranes. “It confirms Konecranes’ advantage in terms of life cycle cost, container handlers with high quality and environmental performance, as well as a comprehensive network of service workshops that live up to CONCOR’s high uptime standards for their container handling machines.”

The Reach Stackers have the capability of lifting laden containers of up to 45 tons five high in the first row and 31 tons in the second row.

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 2009, Group sales totaled EUR 1,671 million. The Group has 9,800 employees, at 545 locations in 43 countries. Konecranes is listed on NASDAQ OMX Helsinki Ltd (symbol: KCR1V).