14.02.2023

New CEO for Nordic Crane

Nordic regional rental company Nordic Crane/Kynningsrud is to implement “some strategic organisational changes effective from 15th February, in order to prepare for new opportunities and further growth in the Nordics, the crane group is carrying out.”

The most notable change is the appointment of Morten-Heli Hansen as chief executive, he is currently general manager of Nordic Crane Sweden, a role he has held for the past 12 years and will continue to hold alongside his new position. He has also served on the board of Svenska Mobilkranföreningen – the Swedish mobile crane association.
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Morten-Heli Hansen

He joined the company in 2009 as finance director of the the comapny's Swedish operation then known as Kynningsrud Nordic Crane AB. He began his working life in 1995 with the Norwegian armed forces, working in the military police. After completing his military service, he returned to education, studying economics at the Copenhagen Business School, with a spell at the University of Akron in Ohio. From there he moved into banking and finance, joining Handelsbanken as a business advisor, based in Halden, on the Norwegian Swedish border.

Pål Kynningsrud chief executive of parent company Kynningsrud group will take over as chairman of Nordic Crane, replacing Harald Kynningsrud, who will continue as a board member.

Kynningsrud said: “These changes will sharpen Nordic Crane’s commitment within the industry and strengthen its market position in the Nordic region. We aim to be ahead and offer the best environmentally friendly machines – and of course highly competent employees, to our customers”.
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Pål Kynningsrud

Nordic Crane runs a fleet of around 350 cranes, including All Terrains, loader cranes, crawler cranes, along with a special transport, heavy lift division now managed by its chief operating officer Paul Karlsen, who joined the business in December. The company operates throughout Norway, Sweden and Denmark, with revenues in the region of NK1 billion (€85 million) and 400 employees, it is wholly owned by Kynningsrud.

Vertikal Comment

While he has a new title and position, Morten-Heli Hansen has sort of fulfilled this role for much of 2022. Nordic crane is very regional in terms of its management, along the lines of a federal system with a good few managers with the Kynningsrud name. The company has been growing and evolving since 2016 when the Nordic crane joint venture with Stangeland Gruppen broke up- see Nordic Crane splits.