2022 starts well for Kito Group

The Kito Group announces a record quarter for sales despite external economic challenges. During the first quarter cumulative period (1 April to 30 June 2022) of fiscal 2022, ending March 31, 2023, although global economic activity gradually began returning to normal following the coronavirus pandemic, the outlook remained unclear as a result of increases in […]

05/08/2022 - 11:56 am

Growth for Easy Lift in first half of the year.

After a 50% growth in 2021, Easy Lift, has reported that the first six months of 2022 data are also on the rise compared to the first half of last year: 20% more machines have been sold and turnover has increased by 30%. The company’s growth in a time of global difficulty is said to […]

26/06/2022 - 17:08 pm

Faresin reports a successful 2021

Faresin Industries has presented its Annual Report 2021 to the financial community. Sante Faresin, chairman of Faresin Industries, said “We are very satisfied with our 2021 results because we could confirm the development and growth trend of recent years with +17.9% on turnover and +27.6% on EBITDA. Net profit is also rising: up 12,2% compared […]

24/06/2022 - 10:43 am

Konecranes comments on the impacts of the war in Ukraine on its business

In a statement that condemns the war in Ukraine, Konecranes says, “We are saddened and upset by the war and deeply concerned for our over 400 Ukrainian employees and their families. Their safety and well-being are number one priority for Konecranes as a company, and the Konecranes community is supporting them and their compatriots through […]

22/04/2022 - 07:57 am

Bonfiglioli shares benefits of record result in 2021

The Bonfiglioli Group achieved €1 billion in sales in December 2021. To celebrate this corporate achievement at a time still economically marked by the pandemic, the Group has decided to donate €2 million to support three initiatives that focus on people, solidarity and sustainability, in line with the spirit and values that have guide the […]

21/12/2021 - 11:28 am

Konecranes and Cargotec seeks to satisfy competition concerns

Konecranes and Cargotec have submitted commitments to the European Commission to satisfy competition concerns related to the companies’ merger. Konecranes and Cargotec have continued an active dialogue and cooperation with the relevant competition authorities and have been considering ways to mitigate the concerns raised by the competition authorities to secure approvals to complete their merger. […]

10/12/2021 - 15:04 pm

MEWP rental market recovers more strongly than predicted

MEWP rental markets have recovered better than was predicted to be the case in 2020, with most countries seeing markets and wider economies on course to recover to 2019 levels by the end of this year or early in 2022, according to the latest analysis, conducted for the International Powered Access Federation (IPAF) by Ducker. […]

09/12/2021 - 16:17 pm

Konecranes reports record profits in face of Covid constraints

Konecranes has reported its fourth consecutive quarter of record profitability, powered by solid sales growth and high performance across the whole organisation. Strong orders in the first half of the year, together with continuing traction from strategic initiatives have given Konecranes good momentum for the latter half of the year. President and CEO Rob Smith […]

28/07/2021 - 08:05 am

TVH Parts finds partner in D’Ieteren Group

Parts specialist TVH, a global player in the field of spare parts and accessories for lift trucks, industrial vehicles, construction and agricultural machinery, has found a partner in D’Ieteren Group for 40% of the shares. In October 2020, it was announced that TVH Parts was looking for a strong minority shareholder who is aligned with […]

15/07/2021 - 19:42 pm

New Issue

LHI July/August 2022

In this month's issue