Konecranes President relocating to Singapore

The company stresses that Lundmark’s ‘temporary’ relocation does not lead to any changes in Group’s operational structure, including the group headquarter functions in Hyvinkää, Finland, or Asia-Pacific headquarter functions in Shanghai, China.

According to the company, a continuously growing share of the growth in world’s industrial production and logistics investments takes place in emerging markets in general and in Asia in particular.

“A strong senior management attention to the requirements presented by these customers is vital to success in our business. My main objective with the relocation is to build a personal contact network among customers and other decision makers in Asia and better understand their thinking, plans and needs,” Lundmark explained.