# Konecranes invests EUR 35 million in Zaporizhkran plant in Ukraine

Finnish company Konecranes has invested a total of 35 million euros into its Zaporizhkran plant in Zaporizhia, Ukraine, since acquiring it in 2005, for development and modernization.

- Type: Investment
- Announced: 2019-04-19
- Where: Zaporizhia, Ukraine
- Value: $39.2M (35.0M EUR)
- Status: completed
- Products: lifting cranes
- Sectors: [Industrial Machinery](https://endata.com/sectors/industrial-machinery.md), [Material Handling](https://endata.com/sectors/material-handling.md)

## Companies

- [Konecranes](https://endata.com/companies/511.md)
- [Zaporizhkran](https://endata.com/companies/38846.md) (partner)

## Sources

- [archive.kyivpost.com](https://archive.kyivpost.com/business/finns-invest-to-lift-crane-production-in-zaporizhia.html), 2019-04-19: "Since then, the Finnish firm has poured a total of 35 million euros into the factory’s development and modernization, according to Plyasov."

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