# Hiab lays foundation stone for EUR 19 million Raisio facility expansion

Hiab laid the foundation stone for the expansion of its MULTILIFT production facility in Raisio, Finland, representing a EUR 19 million investment announced in May 2025. The expansion will increase production capacity for MULTILIFT demountables and is estimated to be completed in Q4 2027.

- Type: Expansion
- Announced: 2026-08-19
- Where: Raisio, Finland
- Value: $21.0M (19.0M EUR)
- Starts operating: Q4 2027
- Status: under construction
- Products: MULTILIFT demountables
- Sectors: [Material Handling](https://endata.com/sectors/material-handling.md)

## Companies

- [Hiab](https://endata.com/companies/17730.md)

## Sources

- [hiab.com](https://www.hiab.com/en/media/newsroom/foundation-stone-laid-for-hiabs-raisio-production-facility-expansion-eur-19-million-investment-moves-forward), 2026-08-20: "On 19 August, a major milestone was reached in the expansion of Hiab’s MULTILIFT production facility in Raisio, as the foundation stone was laid for the EUR 19 million investment announced in May 2025."
- [hiab.com](https://www.hiab.com/es/media/newsroom/foundation-stone-laid-for-hiabs-raisio-production-facility-expansion-eur-19-million-investment-moves-forward), 2026-08-20: "On 19 August, a major milestone was reached in the expansion of Hiab’s MULTILIFT production facility in Raisio, as the foundation stone was laid for the EUR 19 million investment announced in May 2025."
- [vertikal.net](https://vertikal.net/de/news/beitrag/49136/hiab-erweitert), 2026-08-20: "Der schwedische Ladekran- und Wechselaufbautenhersteller Hiab hat am 19. August den Grundstein gelegt für einen Ausbau seines Werks im finnischen Raisio."

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.