Konecranes recent activities have included carrying out restructuring at its three main business areas, service, heavy lifting and standard lifting.

It has completed statutory negotiations for job cuts in its heavy lifting business segment in Finland, which will see permanent personnel reductions totalling 41.

Further temporary layoffs are still being finalised and an additional 25 personnel are due to retire in the near future.

The completion of negotiations at Konecranes Service Corporation resulted in 10 permanent staff layoffs.

Negotiations continue at Konecranes Standard Lifting Corporation.