KONECRANES CONTAINER HANDLING CRANES MAKE BREAKTHR

Konecranes has made a breakthrough into a new area after receiving an order for container handling cranes for use in waste handling in New York, USA. The order, received in September 2013, was placed by New York Container Terminal (NYCT) and includes two RTGs and two RMG cranes. The cranes will be used for moving containers of municipal solid waste from New York City. The cranes will be delivered to NYCT’s terminal on Staten Island by the end of 2014. The value of the order is not being disclosed.

The purchase of the cranes is part of New York City’s solid waste management program. Waste from the city will be packed into specially designed containers and transported via barge over the Hudson River to NYCT’s Staten Island terminal. The new Konecranes RMGs will unload the sealed containers at the terminal, where the Konecranes RTG cranes will then load them onto trains. The containers will be transported to specific energy-from-waste facilities.

“This is a very exciting contract for us, a breakthrough in fact, and will open up a new business segment for our container handling cranes,” says Jussi Suhonen, Konecranes’ Sales Director, Port Cranes in the Americas.

The cranes, which have been specially designed for heavy-duty operation and have a lifting capacity of 50 tons, will include advanced features such as Konecranes Active Load Control, which enhances personnel safety and improves terminal productivity.

Further information: Press Tuomas Saastamoinen, Sales & Marketing Director, Port Cranes, Konecranes E-mail: tuomas.saastamoinen@konecranes.com or phone +358 20 427 2662

Investors and Analysts: Miikka Kinnunen, Director, Investor Relations, Konecranes E-mail: miikka.kinnunen@konecranes.com or phone +358 20 427 2050

This press release is available on our website www.konecranes.com .

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 2012, Group sales totaled EUR 2,170 million. The Group has 11,900 employees at 626 locations in 48 countries. Konecranes is listed on the NASDAQ OMX Helsinki (symbol: KCR1V).